Bankruptcy Reorganization Chapter 11

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Bankruptcy Reorganization Chapter 11

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September 27, 2007

Ocean Blue Leasehold Property LLC files for Chapter 11

Ocean Blue Leasehold Property LLC and affiliates filed for Chapter 11 bankruptcy protection at the United States Bankruptcy Court for the Southern District of Florida.  The debtor's September 26th filing lists $35 million in assets and $23.5 million in debts.  The Chicago based building manager is represented by Rice Pugatch Robinson & Schiller, P.A. of Ft. Lauderdale.

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