May 25, 2013

TEP National Files for Bankruptcy

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.