Buttermilk Towne Center LLC Files For Chapter 11
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SW Boston Hotel Venture LLC filed for chapter 11 today at the United States Bankruptcy Court for the District of MA. The Boston-based debtor's petition lists $100-$500 million in assets and liabilities. The debtor is represented by Hanify & King. The following affiliated companies also filed:
Auto Sales & Service, Inc.
General Trading Corporation
Frank Sawyer Corporation
100 Stuart Street LLC
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The San Rafael, CA-based debtor owns real estate in San Rafael and Novato, CA. The debtor's petition lists assets and liabilities as between $10 and $50 million.
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The debtor is based in Chapel Hill, NC and represented by Stubbs & Perdue, P.A. The largest unsecured creditor is Capital Bank of Raleigh, NC with a $6.95 million claim ($4.92 million secured).
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