Its all over for Goodwill!
The CEO now says there is no viable option to allow the organization to re-emerge from the bankruptcy process.
Of the 6 million dollar debt, 4.1 million is owed to former employees in severance and vacation pay.
Keiko Nakamura says there is also no longer a need for a CEO and she regrets the business can’t be saved.
There is a trustee meeting set for March 2nd.