Revolution Aluminum forced into bankruptcy

ALEXANDRIA, La. (KALB) - Revolution Aluminum LLC has been forced into Chapter 11 bankruptcy on Wednesday.

SOURCE: KALB

U.S. Bankruptcy Court Judge John Kolwe made the ruling after creditors said they haven't been paid back. Last October, Revolution Aluminum asked the court to borrow nearly $6 million to pay off its debts.

Alexandria attorney Bradley Drell who represents the creditors says the next step will be "to appoint a trustee to remove Roger Boggs from management."

Drell also said the property will likely be sold or developed.

Revolution Aluminum, headed by Roger Boggs, was supposed to be an around $1.5 billion aluminum plant that would employ around 1,000 people.