Daily Deal Reports on USTelematics Debt Talks
The Daily Deal (subscription required) reported on the latest developments on creditors discussing with USTelematics Inc., an Illinois based company which develops products to receive delivery of high speed data Internet service in autos. Twelve creditors filed an involuntary Chapter 7 filed against USTelematics on April 7. Michael S. Fox and Fredrick J. Levy represent the petitioning creditors.