Two more Vanderschaaf ventures head to bankruptcy

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Two more Vanderschaaf ventures head to bankruptcy

Written by Administrator

Wednesday, 28 April 2010 20:12

Two more companies related to construction Tennessee Claire Vanderschaaf are looking for protection under Chapter 11.

Rivers edge Rutherford, four lists of creditors owed more than 2.2 million dollars. Two of them - Claude and Wayne Phillips - are all due 1017000 $. Filing the edge of rivers and lists of a

ssets in the period from 1 million and 10 million dollars.

Manchester JBJ Jay lists only two of the creditors - Patricia Vanderschaaf and Rutherford Bank and trust. Thanks Patricia Vanderschaaf 447000 $. Rutherford Bank and Trust, which has since been absorbed into the Green Bankshares, and demand of 1.5 million dollars, according to the filing.

Vanderschaaf and Vanderschaaf - acts that are partners Meadows Rockvale - filed for bankruptcy in December, and noted the failure of the edge of rivers and was a major factor in raising earlier. Hearing on the transfer Vanderschaaf and Vanderschaaf is scheduled in Chapter 11 to Chapter 7 on Tuesday. The summit asked the National Bank of so-called "death penalty" movement seeks liquidation.

Another project Vanderschaaf, Three Rivers Properties, filed for bankruptcy in June after the mortgage of March.

Paul Williams of Tennessee is the lawyer for each of the bankruptcy.

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