Washington Group, Inc., records, 1977-1982.

ArchivalResource

Washington Group, Inc. (Winston-Salem, N.C.). Washington Group, Inc., records, 1977-1982.

Washington Group, Inc., records, 1977-1982.

http://www.worldcat.org/oclc/26064133

The collection consists of records relating to the Chapter X bankruptcy of the Washington Group, Inc., food and textile conglomerate, chiefly collected by Richard A. Gilbert of Greensboro, N.C., who was appointed company trustee when bankruptcy proceedings began in 1977. Included are reorganization plans, files on individuals important in the proceedings, financial reports, and clippings. Also included are materials documenting various lawsuits and other actions related to the bankruptcy, ranging from the trial of Bagley and Gilley on counts of fraud and stock manipulation and Gilley's suit against the banks that he charged had forced the Washington Group into bankruptcy, to investigations of Gilley's alleged financial dealings with a Wake Forest University basketball player and misconduct on the part of the judge in the stock fraud trial. There are also materials relating to Richard A. Gilbert's own 1982 claim against the Washington Group for additional compensation for his work during the four-and-a-half year bankruptcy struggle.

About 4500 items (8.5 linear ft.)

University of North Carolina at Chapel Hill