But many LMC employees such as Zenor, who have patiently waited for the money owed them during the bankruptcy proceedings, are still waiting for their turn. And they are starting to wonder when their wages will be forthcoming from Ragan.
In a previous interview, Zenor observed that the demise of LMC is tragic.
“The most valuable assets held by Lon Morris College were the commitment of the faculty, the dedication of the staff, and the promise of the students,” Zenor said. “Those intangibles were priceless — not for sale. That is why the results of the auction are not surprising though the demise of the school is a shame.”