EVERGREEN HOMES: Case Summary & 58 Largest Unsecured
Creditors
|
| Troubled
Company Reporter, May 1, 2007 |
Lead Debtor: Evergreen Homes, L.L.C.
611
West Market Street
Akron,
OH 44303
fdba
Summit Redevelopment Co.
Bankruptcy Case No.: 07-51261
Debtor-affiliates filing separate chapter 11 petitions:
Entity Case
No.
------ --------
Evergreen Investment Corporation 07-51262
Evergreen Builders, L.L.C. 07-51263
Type of Business: The Debtor is an urban residential developer.
See
http://www.evergreenhomesllc.com/
Chapter 11 Petition Date: April 29, 2007
Court: Northern District of Ohio (Akron)
Judge: Marilyn Shea-Stonum
Debtors' Counsel: Howard E. Mentzer, Esq.
1
Cascade Plaza, Suite 1445
Akron,
OH 44308
Tel:
(330) 376-7500
Estimated Assets: $1 Million to $100 Million
Estimated Debts: $1 Million to $100 Million
A. Evergreen Homes, LLC's 18 Largest Unsecured Creditors:
Entity Nature
of Claim Claim Amount
------ --------------- ------------
Dana Humphreys 804
West Market $120,000
4310 Wickliffe Drive Street,
Akron,
Barberton, OH 44203 Ohio-
vacant landlord
commercial
522
White Trail, $100,000
Canton,
Ohio-
vacant
lot -
property
sold April
20,
2006 without
satisfying
lien
Harley & Carol Kastner Summit
County $158,000
3771 Edinburg Drive Common
Pleas
Uniontown, OH 44685 Court,
Summit
County,
Ohio
Case
No. 2006-09-
5563
Terry & M. Nick Harbarger Summit
County $100,000
5180 Greenwich Road Common
Pleas
Seville, OH 44273 Court,
Summit
County,
Ohio
Case
No. 2006-09-
5563
F.G. Ayers, Inc. trade
debt- home $84,754
building
Raycom Media/WUAB TV trade
debt- $83,390
advertising
John A. Donofrio real
estate $63,583
taxes-
see
attached
schedule
10.4
First Merit Bank, N.A. 2873
South Main $51,100
Street,
Akron,
Ohio
(sold on land
contract-
Taylor);
value
of security:
$56,580;
value of
senior
lien:
$50,000
Time Warner Cable Ad Sales trade
debt- $49,784
advertising
First Merit Bancard Center credit
cards $35,366
4194810020010278
4194810020010286
4194810020010294
4194810020010310
4194810020010328
4194810020010336
4194810020011573
Westfield Insurance Company insurance $31,595
Roetzel and Andress legal
services $29,673
2722 Fulton, Ltd. rent $26,072
WOIO-TV trade
debt- $20,540
advertising
Joe & Catherine Cannata rent $17,500
Cuyahoga County Treasurer $17,601
Gary D. Ziegler taxes $13,345
R.E.M. Architects trade
debt $11,487
Dominion East Ohio utilities $11,297
B. Evergreen Investment Corp's 20 Largest Unsecured Creditors:
Entity Nature
of Claim Claim Amount
------ --------------- ------------
Evelyn Valentine investors/ $258,000
10106 McCallum certificate
Alliance, OH 44601 holder
Charles Berringer, Trustee investors/ $175,000
2510 Brice Road certificate
Akron, OH 44313 holder
Samuel Schott investors/ $173,000
2225 Lee Drive certificate
Akron, OH 44306 holder
Sanford & Marjorie Speicher investors/ $165,000
certificate
holder
Harley & Carol Kastner investors/ $158,000
certificate
holder
J.A. & Eleanor Shaeffer investors/ $156,400
certificate
holder
Steve Rufener investors/ $150,000
certificate
holder
William Materna investors/ $140,000
certificate
holder
Bernard Wolak investors/ $135,000
certificate
holder
Jerry & Mary Reed investors/ $130,000
certificate
holder
Paul Balazek investors/ $125,000
certificate
holder
Richard or Helen Beichler investors/ $125,000
certificate
holder
Palmer Wetzel investors/ $125,000
certificate
holder
Charlotte Welever investors/ $120,000
certificate
holder
Jacob F. or Della R. Hough investors/ $113,000
certificate
holder
Terry & Pebble Seller investors/ $111,000
certificate
holder
Jerry & Meredith Selby investors/ $110,000
certificate
holder
Terry Kiko investors/ $108,000
certificate
holder
Randall or Kathy Krabill investors/ $106,000
certificate
holder
Lawrence Peelman investors/ $102,900
certificate
holder
C. Evergreen Builders, LLC's 20 Largest Unsecured Creditors:
Entity Nature
of Claim Claim Amount
------ --------------- ------------
Ed Schory & Son Co. trade
debt $134,456
5177 Louisville Street
Northeast
Louisville, OH 44624
Carter-Jones trade
debt $125,840
P.O. Box 40
Kent, OH 44240-0001
Holmes Siding Contractors trade
debt $50,046
E.T. Construction Troyer trade
debt $45,234
Construction
Roman Plumbing trade
debt $34,018
Alfieri Brothers Materials trade
debt $23,664
Supply Co.
Maddern Electric, Inc. trade
debt $21,993
Crown Heating & Cooling, Inc. trade debt $20,187
84 Lumber Company trade
debt $19,489
Site Works Construction trade
debt $19,198
Groundsource Excavating trade
debt $17,580
Hartville Redi-Mix, Inc. Stark
County, $16,042
Common
Pleas
Court,
Case No.
2006
CV03040
Summit
County,
Common
Pleas
Court,
Case No.
J2007-2760
Westfield Insurance Co. liability $14,492
insurance
Stahl Excavating, L.L.C. trade
debt $14,413
John M. Miller $ Sons trade
debt $13,504
Construction
Medina Supply Company trade
debt $12,974
M.D. Concrete, Inc. trade
debt $10,964
Robertson trade
debt $10,991
H&E Construction trade
debt $10,400
Jerry's Trucking & Excavating consent
judgment $10,245
in
Canton
Municipal
Court
Case
No. 2006 CVF
6932
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