Liquidating trustee cleveland
All the creditors were made almost completely whole by Vick, although the Atlanta Falcons, which gave him a retirement ceremony this year, lost out on their big bet.The Falcons were owed .5 million from Vick in a salary settlement negotiated in 2009."It happens in, maybe, one out of 100 cases."Vick elected to file for Chapter 11 bankruptcy instead of Chapter 7, which would have allowed him to liquidate his assets and not owe any more.Vick, who served 548 days in jail for taking part in an illegal dogfighting ring, took the rare step of kicking in future income to pay off his creditors."I didn't want to stiff people who never stiffed me," Vick told ESPN in 2014.But Luzinski said it is assumed they bought it at a significant discount."That was like playing the lottery," Vick told ESPN three years ago, when he had paid off 85 percent of the debt."They didn't know if I was going to fully come back, and if you were to ask me, I would have done the same thing.On April 29, 2007, Evergreen Homes, LLC and its related entities (“Evergreen Homes”) filed a chapter 11 petition in the United States Bankruptcy Court for the Northern District of Ohio, assigned case no. A Plan was confirmed and a Liquidating Trustee was appointed to manage the Trust. acquired the remnant assets of the Evergreen Liquidating Trust in November 2014.
For questions or additional information please contact Janice Alwin at 847-577-1374.
A., John Barr, Norm Carlson filed by Richard Arrowsmith, Liquidating Trustee.
acquired the remnant assets of the Evergreen Liquidating Trust in November 2014.
The former headquarters of Evergreen Homes was located in Akron, OH.
About Oak Point Partners Oak Point Partners is a private investment firm specializing in the purchase of bankruptcy Remnant Assets.
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Bankruptcy Court in Fort Lauderdale, Kosar listed debt of as much as $50 million and assets of less than $10 million.