Information Industry–divine
Source: Chicago Tribune
“Lawsuit: Divine Looted Company”
From the article, “Creditors of a Divine Inc. subsidiary that filed for bankruptcy protection Monday say the Chicago-based company looted the unit, fraudulently transferring $73.7 million before abandoning the business…Company officials, the lawsuit contends, “formulated a plan to enrich Divine at the expense of RoweCom, its employees and its creditors.”
Updated: This Story is Incorrect. See The 2/3/03 Info Today Update
