Antares Capital

On July 18, commercial print and promotional product distributor Global DocuGraphix, and its subsidiary Global DocuGraphix USA, filed for Chapter 11 bankruptcy in U.S Bankruptcy Court, Northern District of Texas (Dallas) Division. In its filing, the company reported its estimated debts to be between $10 million and $50 million. Richard Roberson, a partner with Gardere Wynne Sewell LLP, who is representing Global DocuGraphix in its bankruptcy proceedings, said the move was forced because the company’s credit facility and working capital had run out as of July 10, 2006. Both GE Capital and Antares Capital did not renew credit notes that originally came to maturity

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