SOBE allowed to delay payment
YOUNGSTOWN — The financial situation at SOBE Thermal Energy Systems LLC, which is supposed to provide heat for most of downtown Youngstown, is so precarious that it had to receive a court order to hold off on paying $55,570 owed to its former receiver and attorney. “The finances are not good,” said John C. Collins, SOBE’s current receiver. Collins said: “If we paid the $55,000 all at once, it could hurt the company financially. It could impact our ability to pay other expenses. $55,0000 would be a lot of money at this time for the company to pay.” The ousted previous ...