Company That Abandoned 56,000 Tons of TVs in an Ohio Warehouse Ordered to Pay $14.2 Million

When it went out of business last year, it left 25,000 tons of televisions abandoned in a warehouse in Arizona and at least 56,000 tons of old CRT TVs in two warehouses in Ohio. These warehouses are hazardous to enter and extremely expensive to clean. Monday, the Court of Common Pleas of Franklin County, Ohio, ordered Closed Loop’s founders Brent Benham, David Cauchi, and Brian LaPoint to pay their landlords a total of $18.3 million to cover the failed enterprise (nearly $4 million of this was in unpaid rent; it’ll cost $14.2 million to clean the entire facility). – Jason Koebler, MOTHERBOARD

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