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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments
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To: Mr. Pink who wrote (17416)9/3/2003 7:03:25 PM
From: RockyBalboa  Read Replies (1) of 18998
 
T R O U B L E D C O M P A N Y R E P O R T E R

Free Newsclips for Wednesday, September 03, 2003

ACTRADE FINANCIAL: All Proofs of Claim Due by September 8, 2003
---------------------------------------------------------------
By Order of the U.S. Bankruptcy Code for the Southern District of
New York, September 8, 2003, is fixed as the deadline for
creditors of Actrade Financial Technologies Ltd., and its debtor-
affiliates to file their Proofs of Claim against the Debtors or be
forever barred from asserting their claims.

All proofs of claim must be received by the Clerk of the
Bankruptcy Court on or before 5:00 p.m. Eastern Time on the bar
date.

Creditors need not file their proofs of claim at this time if they
are on account of:

1. Claims already properly filed with the Bankruptcy
Court;

2. Administrative Expense Claims against the Debtors;

3. Claims previously allowed by Order of the Court;

4. Intercompany Claims; or

5. Claims solely on account of interest in the Debtors'
Common Shares.

Actrade is a publicly traded holding company incorporated in the
State of Delaware. Its business operations are conducted through
its subsidiaries that provide payment technology solutions that
automate financial processes and enhance business-to-business
commerce relationships. Actrade filed for Chapter 11 protection on
December 12, 2002, (Bankr. S.D.N.Y. Case No. 02-16212).
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