Mike Morris, THE ATLANTA JOURNAL-CONSTITUTION
ATLANTA (The Atlanta Journal-Constitution)—The U.S. Bankruptcy Court this week approved a plan that will let financially-strapped Morris Brown College emerge from bankruptcy, the chairman of the college’s board of trustees said.
In a statement, board Chairman Preston Williams said the action, approved at a Wednesday hearing and confirmed Thursday by a signed order by Judge Barbara Ellis-Monro, “will allow the college to exit bankruptcy and move forward to regain its accreditation.”
The college filed for Chapter 11 bankruptcy reorganization in August 2012.
###