Category: MILA’s Bankruptcy

MILA’s Bankruptcy

The bankruptcy trustee in charge of MILA’s Chapter 11 case says there is evidence that MILA’s founder and CEO allegedly collected $32 million from MILA during the years before its demise, “improperly draining the Mountlake Terrace company’s assets as its fortune declined.” From the Seattle Times: “I think the executives at MILA knew by 2004 that this bubble was [...]