HP has filed to recover its share of Interex debt

Late last week, HP filed papers with the US District Court to recover its losses in the Interex bankruptcy. Interex collected $137,800 from the vendor for its HP World sponsorships alone, a figure that does not include the many HP World registrations and memberships. There’s also a booth bill of $48,500 that Interex is disputing, which indicates that bill has not yet been paid.

HP was the first creditor to file a motion in the bankruptcy hearing, which is set to kick off on Sept. 6. That Tuesday will be almost four years to the day after HP announced its merger with Compaq — an action the Interex board of directors blessed by voting its 100 shares of HP stock in the subsequent proxy battle. Among the user groups assets was two blocks of stock, 100 shares each of HP and Agilent securities, shares voted in 2002 with a very public press release announcing the board of directors' support of the merger.