US RMC files for bankruptcy

Paragon Relocation has filed for bankruptcy, leaving sizeable debts to movers and DSPs around the world.

The Lewisville, Texas-based RMC business filed a court petition in the Eastern District court of Texas on January 31.

There are a total of 77 non-priority creditors, including some FIDI Affiliates, and accounting for unpaid debts of approximately US$11.6 million.

Paragon was founded in 1991, offering a full range of mobility services for the US domestic and international market.

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