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Detailed text transcripts for TV channel - MSNBC - 20161105:09:40:00

basically suing us so that forced our hand. once the bulk of their business was gone, bankruptcy became the only option but these two refused to just walk away. matt and greg started hatching a plan b. before we turned out the lights we had several coils of steel, many coils of steel lying around the factory. instead of letting them sit there, we decided to turn it into flatware and that s the inventory that we started with. it was about $23,000 worth of flatware that i recall. that $23,000 worth of flatware marked the beginning of liberty tabletop. going through bankruptcy with a new brand was incredibly complicated. we actually created liberty tabletop and our wives own it. the bankruptcy court knew about it. we told them, this is how we re going to survive so let us do this. working with creditors who backed their plans, greg and matt mapped out their exit from the bankruptcy by launching their new consumer line in three steps.

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