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littleroundman
03-05-2011, 10:44 AM
Supplement company Eniva files bankruptcy

The move delays efforts by its landlord to evict the company from its Anoka headquarters.

WENDY LEE (http://www.startribune.com/bios/93710064.html?elr=KArks:DCiU1OiP:DiiUiacyKU1K7P:D_ kchO7DUr), Star Tribune
Last update: March 2, 2011 - 9:11 PM

Nutritional supplement maker Eniva Corp. has filed for Chapter 11 bankruptcy, delaying a hearing to evict the business from its headquarters in Anoka.

An eviction hearing had been requested because Eniva had fallen behind on its rent, said Arnie Seltzer, president of Results Real Estate Inc., a firm serving as court-appointed receiver for the building. He declined to say how long Eniva had not paid its rent.

Eniva said it was wooed by a north metro real estate group in 2006 to move into the 435,000-square-foot building, the former Cornelius Co. headquarters. At the time, Eniva said it told the group and its lenders that it wanted to use just 100,000 square feet.
Eniva said the group agreed to help provide additional renters and capital and to assist with selling excess land, if needed. But Eniva said the lenders and the real estate group, which it declined to identify, did not meet these assurances.

"We have only one goal in this process, to distance ourselves as far away from this group ... as possible," Eniva Chief Executive Andrew Baechler said in a statement on Wednesday.

Baechler said Eniva will probably relocate elsewhere in Minnesota.
Eniva said it has $10 million to $50 million in debt and owes money to 200 to 999 creditors, according to court documents. The company lists assets between $10 million and $50 million.

Baechler said the company's key business indicators are strong and he does not anticipate any loss of jobs or growth.

Doc Bunkum
03-05-2011, 11:20 AM
Thanks for the heads up on that, LRM.

I made a point of sharing that on Quatloos! where there's an ongoing thread already about Eniva.

Doc Bunkum
03-09-2011, 10:51 AM
Moss & Barnett represented Eniva in a lawsuit filed in 2008 by a former employee. That employee, Terrance J. Thiel—who was hired as a chemist—claimed that he was terminated after refusing advances from Florina Nita, Eniva’s director of quality systems and scientific affairs, according to federal court documents. Thiel claimed that Nita touched him inappropriately, violated his personal space, threatened to spank him, and mentioned that she needed to get him drunk so that he would “open up.”

The parties reached an undisclosed settlement in October 2009, and the lawsuit was dismissed in February 2010. The bankruptcy documents filed Monday don’t indicate what prompted the filing and whether the lawsuit played any role—and a Wednesday afternoon phone message to an Eniva representative wasn’t immediately returned.

Sounds like a real fun outfit to work for! :RpS_smile:

littleroundman
03-09-2011, 11:07 AM
http://eniva.com/images/content/disc_meet_Nina_img.jpg

Director of Quality Systems and Scientific Affairs Florina Nita

Doc Bunkum
03-09-2011, 11:16 AM
http://eniva.com/images/content/disc_meet_Nina_img.jpg

Director of Quality Systems and Scientific Affairs Florina Nita

I hate that "Your message is too short" message.

laidback
03-09-2011, 11:44 AM
http://eniva.com/images/content/disc_meet_Nina_img.jpg

Director of Affairs Florina Nita

There! Fixed it for ya! (Oh, come on, ya hadda see it coming...!)

littleroundman
03-09-2011, 11:55 AM
There! Fixed it for ya! (Oh, come on, ya hadda see it coming...!)

Moi ????

Have such evil thoughts ????

NEVER !!!!