Schoep’s Ice Cream, a fixture on Madison’s east side since 1928, filed for receivership earlier this month. Now, the business has a little over 50 days to find a new owner to pay off its debts. The business employs about 150 people, but its closure would affect more than just its workers. For the last […]
WORT Weekly Rewind: October 18th, 2019
In this October 18th edition, we speak with Ada Deer, the first woman to head the U.S. Bureau of Indian Affairs, get the scoop on a longtime Madison-based ice cream company filing for receivership, take a closer look at Wisconsin’s growing meth crisis, and hear about a security guard at Madison West High School who […]
Schoep’s Files for Receivership
When a company is placed into receivership, it usually means that its debts are greater than its net worth but the owner doesn’t want to give up. Under receivership, a company can get a court to appoint someone to manage the company while it looks for a new permanent owner. Yesterday, Madison-based company Schoep’s Ice […]
