The Cornell Sun published this story on the bankruptcy today.
The Cornell chapter of TEP is the fraternity’s oldest active chapter.
TEP National Files for Bankruptcy
January 28, 2011 by
Tau Epsilon Phi Fraternity, Inc. filed for Chapter 7 bankruptcy (liquidation) in United States Bankruptcy Court, District of New Jersey, on Monday, January 24th. This was less than one week after Judge Schweitzer’s order that set the stage for an election.
This City Room story published by the New York Times has more details.
For a copy of the bankruptcy filing, log on to the Members Only site.
Members and alumni of TEP are working on rebuilding the fraternity.
TEP election ordered
January 21, 2011 by
Judge Melvin L. Schweitzer of the Supreme Court of the State of New York has issued an order naming the Honorable Robert Abrams, former Attorney General of the State of New York, to serve as a referee and limited temporary receiver of TEP for the purposes of conducting an election for the Grand Council of Tau Epsilon Phi Fraternity, Inc.
To read a copy of this order, see these instructions for logging into the secure site.