Bankruptcy Reorganization Chapter 11

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Bankruptcy Reorganization Chapter 11

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March 24, 2010

Interwest Development Corporation Files For Chapter 11

Interwest Development Corporation filed for chapter 11 yesterday at the United States Bankruptcy Court for the District of Idaho.  The debtor, based in Boise, listed $10-$50 million in liabilities.  10 Mile Center, LLC is listed as the largest unsecured creditor with a unliquidated $6.1 million claim.

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