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Bobby Kraft's World Marketing heads for February bankruptcy auction

Dec 11, 2015 - Milwaukee Business Journal
Bankruptcy

The auction for World Marketing - the company formerly run by Milwaukee executive Bobby Kraft - will be held by February 2016 under an order approved by a U.S. Bankruptcy Court judge.

After executives from World Marketing failed to find a buyer for the company, they filed a motion Dec. 3 to hire an auctioneer and said the company's secured lender, Associated Bank, supports selling the company's assets. At a hearing on the motion Wednesday in Chicago, U.S. Bankruptcy Court Judge Timothy Bar...