Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

Mashantucket tribal government official files for bankruptcy

 


Robert Hayward, the Mashantucket Pequot Tribe’s state government affairs manager, has filed for bankruptcy, listing $778,000 in assets and more than $3.5 million in liabilities.

Hayward and his wife, Rebecca, petitioned U.S. Bankruptcy Court in Hartford last week, seeking Chapter 7 protection from creditors and indicating their debts are primarily business related.

Chapter 7 of the U.S. Bankruptcy Code allows for the liquidation of property to pay creditors.

http://www.theday.com/local/20160907/mashantucket-tribal-government-official-files-for-bankruptcy

 

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