MIDDLEBURY — Officials at eCorp English on Monday confirmed the company’s rocky financial start in Middlebury could get rockier before things smooth out as it looks to buy time from lenders, employees and contractors who continue to wait for payment.
Deborah Schwarz, founder and president of the firm that offers English language training to international businesses, said eCorp is asking its major financial backers for a one-year reprieve period as it seeks to stabilize its budget and avert the need to seek court protection from its creditors.