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Lyon Emerges from Bankruptcy with Strong Financial Backing and New Management

2013-06-05 06:00:00| Industrial Newsroom - All News for Today

MONTGOMERY, IL – Lyon announced today that on May 7th, a joint venture between newly-formed Lyon Capital Partners, LLC (formerly Echelon Capital) and Revere Finance closed on the acquisition of substantially all of the assets of Lyon Workspace Products, L.L.C. and its affiliates. On January 19, 2013, Lyon filed a voluntary petition for relief under Chapter 11 of the Bankruptcy Code, and after 110 days, the business was sold to the joint venture in an auction after an affiliate of Echelon ...

Tags: new management strong financial

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