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A coalition of trucking companies filed a petition on Monday to force an Indianapolis-based freight brokerage into Chapter 7 bankruptcy proceedings for unpaid transportation services.
The involuntary Chapter 7 bankruptcy petition, filed in U.S. Bankruptcy Court for the Southern District of Indiana, claims CMA Freight Services LLC owes 28 trucking companies nearly $40,000, according to the filing.
Tony Mangini, legal manager for Alexander, Winton & Associates, a contingency-based collection firm headquartered in Olive Branch, Mississippi, said the move was necessary after the freight brokerage failed to pay the petitioners mostly small-business truckers since October. At the end of the day, our clients rendered services for CMA [Freight] and CMA didn t pay them, Mangini told FreightWaves. I think this is an avenue we have to pursue because there s just so many of our clients involved that are owed a substantial amount of money.