The founder of Nicolas Trainor Milton wants to purchase bank startup assets

The founder of Nicolas Trevor Milton, who was recently pardon After being convicted of securities fraud, he tries to buy the assets of his previous company out of bankruptcy, according to the files of the new court and a person familiar with the matter.

Nicolas applied to protect from bankruptcy, Chapter 11 in February, and said she hoped to sell her business before The middle of this month. Milton’s offer was met with a lukewarm reception – the deposits show that the company prevented it from examining the assets in Coolidge, Arizona, the factory earlier this month, such as Phoenix Business Journal Journal I mentioned earlier.

Milton in Nicolas is the latest development in the long and strange story of the company. Milton founded the company in 2014, and it was publicly taken in one of the first acquisitions of the acquisition of special purposes in 2020, and waived it a few months after the appearance of fraud allegations, and President Trump condemned in 2022. He was sentenced to four years in prison in 2023, and only last month, President Trump was.

Meanwhile, Nicolas struggled with battery fires, remembering her comprehensive financial health before offering bankruptcy.

Kayan’s lawyers in Nevada, known as ISSO LLC, said in A. presentation Last week, she made a presentation of Nicolas on March 21. As part of the bid process, Nicolas agreed to allow ISSO to examine the factory. But the company refused to allow the video or photos to be taken and a specific ISSO representative prohibited from entering the factory.

The name of this actor was revised in the bankruptcy court files. A lawyer who represents Nicolas described the person during the emergency session last week, and The description is suitable. Milton’s father, Lance Milton, and one of his lawyers, Troy Walnin, appears on the paper ISSO LLC with various states over the past few years.

A person familiar with the intentions of Milton, who spoke on condition of anonymity, confirmed that he was following a show. Milton spokesman did not respond to a request for comment.

Last week, Nicolas lawyer said Milton’s interest “is nothing more than just a propaganda trick.” Judge Thomas Houran said that the company “justifies the reason for this” to ban Milton from entering the facility. The ISSO proposal has denied allowing Milton to roam the factory.

It is not clear whether any other parties have made offers of Nicolas’ origins before the deadline on April 3. On Friday, the court revealed that it plans to hold an auction “to determine the highest and best offer” on April 7 at 10:00 am. No updates were published on the bankruptcy schedule at the time of the publication of this story.