SAK DEVELOPMENT: Case Summary & Five Largest Unsecured
Creditors
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Troubled
Company Reporter, June 20, 2007 |
Debtor: SAK Development, Inc.
3280 Charles Boulevard,
Suite A
Greenville, NC 27858
Bankruptcy Case No.: 07-02215
Type of Business: The Debtor's affiliate, American Constructors of
North
Carolina, Inc., filed for Chapter 11
protection
on June 6, 2007 (Bankr. E.D. N.C.
Case
No. 07-02083).
Chapter 11 Petition Date: June 18, 2007
Court: Eastern District of North Carolina (Wilson)
Debtor's Counsel: Trawick H. Stubbs, Jr., Esq.
Stubbs
& Perdue, P.A.
P.O.
Box 1654
New
Bern, NC 28563
Tel:
(252) 633-2700
Fax:
(252) 633-9600
Estimated Assets: $1 Million to $100 Million
Estimated Debts: $1 Million to $100 Million
Debtor's List of its Five Largest Unsecured Creditors:
Entity Claim
Amount
------ ------------
Hanover Design Services $35,001
1123 Floral Parkway
Wilmington, NC 28403
Whirlpool Corporation $31,118
c/o Eric Biesecker, Esq.
P.O. Box 3463
Greensboro, NC 27402
Millenia Bank $25,000
1310 West Arlington Boulevard
Greenville, NC 27834
Garris Evans Lumber Co. $21,757
Southern Environmental $3,149
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