(ShareCast News) - US oil and gas company Sefton Resources has moved to fight a bankruptcy claim brought by a former board member, and claimed the action was brought in bad faith. The company has filed an application to dismiss the bankruptcy application brought by former executive chairman James El
Read moreShares in Sefton Resources tumbled after it emerged that former executive chairman James Ellerton had tried to force the company into bankruptcy proceedings. Ellerton filed an Involuntary Petition under Chapter 7 of the US Bankruptcy Code in the US Bankruptcy Court for the District of Colorado in wh
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