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Olson declines to discuss ECG

January 18 2008
The opening bidder for Ensemble Chimes Global in its bankruptcy case, Barry Olson, said it wouldn't be appropriate to discuss the situation, when contacted Thursday by Staffing Industry Daily News. Olson did say that he is working on "getting integrity back in the process."

Olson is also a former president of ECG. The company is set to be auctioned in bankruptcy court on Jan. 23 with an opening bid of $7.5 million. The trustee in the bankruptcy case said Wednesday that Olson has already taken over and begun running the company from its Troy MI office.

ECG filed for Chapter 7 bankruptcy Jan. 9 in Los Angeles. Its parent, Los Angeles-based Axium International Inc., filed for bankruptcy on Jan. 8.

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