Update: Jacqueline and Chris Laurita Corporate Bankruptcy Case

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Real Housewives of New Jersey” power couple, Jacqueline and Chris Laurita, may soon have a Christmas miracle on their hands.

Creditors (not the federal government) accused the couple of “misappropriating” funds from their former clothing company, Signature Apparel Group. The reality couple originally filed for CORPORATE bankruptcy protection in 2009.

Originally the trustees of the case wanted the Laurita’s to fork over 7.8 million. Currently the couple is waiting for the bankruptcy judge’s final approval for a deal in the works that has been inked out between the lawyers and trustees. That deal will not be made public since the Jacqueline and Chris have succeeded in having the proceedings against them sealed.

This victory is good news just in time for the holidays! We wish the Laurita’s the best of luck in the outcome of this case.

 

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