U.S. Concrete Inc. on Tuesday said it has completed its reorganization and has emerged from Chapter 11 bankruptcy.
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Archive for August, 2010
Trustee: Berg’s company diverted funds
Posted in August 31st, 2010
Corrected version: Seattle entrepreneur Frederick Darren Berg’s Meridian Mortgage Investors Funds took in about $210 million in investments and then diverted investments to various other Berg interests, including his luxury bus company, according to the court-appointed trustee in charge of overseeing the Meridian bankruptcy case.
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Pointe Hilton Tapatio heads to auction
Posted in August 31st, 2010
The Pointe Hilton Tapatio Cliffs Resort and the adjoining Lookout Mountain Golf Club in north Phoenix are headed for the auction block.
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Topsfield developer files for Ch. 11
Posted in August 31st, 2010
A Topsfield, Mass., development company filed Tuesday to reorganize under Chapter 11 of the bankruptcy code.
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Businesses connected to alleged Ponzi scheme file for bankruptcy
Posted in August 31st, 2010
Three businesses owned by a Brentwood man accused of running a Ponzi scheme have filed for Chapter 11 bankruptcy protection — including one that offered payroll and HR services to other companies.
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Somerhill Gallery converts to Chapter 7
Posted in August 31st, 2010
Durham’s Somerhill Gallery soon will be closing its doors for good after converting its Chapter 11 bankruptcy petition to Chapter 7 liquidation.
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Former owner of United Medical Center wants hospital back
Posted in August 31st, 2010
The former owner of United Medical Center is asking a judge to give the hospital back, arguing that the D.C. government never had the legal authority to foreclose on the property and that Mayor Adrian Fenty and others made several missteps in the days leading up to the July takeover.
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