AMS Health Sciences, Inc. Seeks Bankruptcy Protection, USA

AMS Health Sciences, Inc. (OTCBB: AMSI) today announced it has sought the protection of the U.S. Bankruptcy Court for the Western District of Oklahoma by filing a Chapter 11 petition for reorganization due to the verdict and subsequent judgment rendered against the Company in its November 2007 jury trial relating to the Company’s 2005 acquisition of Heartland Cup, Inc. In September 2005, AMS Manufacturing, Inc. [click link for full article]

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Filed under: Medical Malpractice / Litigation on December 29th, 2007