Trustee: Bankrupt Printer Took Assets
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ALBANY, NY—As much as $1.2 million was illegally taken from Tech Valley Printing by shareholders. The Albany Times Union reported that the trustee overseeing the defunct printer's Chapter 7 proceedings filed a complaint in U.S. Bankruptcy Court alleging that payments were made while the firm was insolvent during a one-year period leading up to its April 2008 filing.
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