An Arkansas-based trucking company, forced to cease operations nearly a year ago after it was unable to climb out of debt following a five-year legal battle over a $23 million nuclear verdict, filed for Chapter 7 liquidation Monday.
In March 2020, RCX Solutions Inc. of Little Rock announced it was closing its doors after its bank refused to extend the carrier’s line of credit, citing the costly legal verdict.
“We kind of got the stool kicked out from under us because the bank said they were...
https://www.freightwaves.com/news/shuttered-arkansas-carrier-files-chapter-7-bankruptcy