Ezenia Inc (EZENQ) 0.0300 $EZENQ
New Hampshire Bankruptcy Court Issues Favorable Decision to Ezenia! Inc.
PR Newswire - Thu Sep 03, 12:22PM CDT
Ezenia! Inc. ("Ezenia" or the "Company"

today announced that the bankruptcy court has issued a favorable ruling for the Company in its years-long dispute with former CEO Khoa Nguyen. Specifically, the court (i) denied Nguyen's claims for severance benefits and federal income tax damages, (ii) limited Nguyen's allowed claims for deferred compensation, (iii) denied Nguyen's sanctions motion against the Company in their entirety, and (iv) granted the Company's sanctions motion against Nguyen in the amount of $45,000.
Ezenia! emerges from bankruptcy
M2 - Tue Jul 28, 7:17AM CDT
Ezenia! Inc. said it has emerged from Chapter 11 with financing provided by lenders including funds managed by MAST Capital Management, LLC.