US Slavery Museum bankruptcy case dismissed
posted Aug 17 2012 1:09PM
RICHMOND, Va. (AP) - The U.S. National Slavery Museum's Chapter 11 bankruptcy case has been dismissed.
U.S. Bankruptcy Judge Douglas O. Tice Jr. granted the museum's dismissal motion Friday.
Museum board attorney Sandra R. Robinson sought the case's dismissal after Tice ruled earlier this week that Celebrate Virginia could be a party to the case. Celebrate Virginia donated land in Fredericksburg where the museum is to be built.
Celebrate Virginia had filed a motion to convert the case to Chapter 7 or dismiss it.
Robinson's motion says the cost of converting the case to Chapter 7 would reduce the museum estate's value before any creditor is paid.
The motion also says a donor has agreed to pay about $250,000 in delinquent property taxes owed the city of Fredericksburg.