welcome
FreightWaves

FreightWaves

Business

Business & Economics

Georgia carrier disputes top creditors’ claims in bankruptcy filing

FreightWaves
Summary
Nutrition label

80% Informative

Georgia -based BMX Transport filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Northern District of Georgia on Tuesday .

The company owes $1 million-$10million in liabilities to between 100 and 199 creditors.

The two top creditors have claims disputed by BMX .

BMX is also being sued in federal court for $ 141,392 by another creditor, Old Second National Bank , for allegedly defaulting on an equipment financing agreement.

VR Score

78

Informative language

74

Neutral language

74

Article tone

formal

Language

English

Language complexity

47

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links