THE VIRGINIAN-PILOT
Copyright (c) 1996, Landmark Communications, Inc.
DATE: Monday, June 10, 1996 TAG: 9606080174
SECTION: BUSINESS WEEKLY PAGE: 03 EDITION: FINAL
LENGTH: 64 lines
Business bankruptcies filed in U.S. Bankruptcy Court in Norfolk:
Edward E. Drake and Patricia C. Drake, chicken farmer, filed Chapter 13 debt repayment plan on May 24 with assets of $272,075 and liabilities of $340,165.
Leocadio B. Penalosa and Norma D. Penalosa, Chesaport Family Medicine, filed Chapter 13 debt repayment plan on May 24. Assets and liabilities were not available.
Howard Willis Taylor, trading as Bay Construction Co., filed Chapter 13 debt repayment plan on May 24. Assets and liabilities were not available.
Robert Allan Cipcic Sr. and Shirley May Cipcic, medical transcription service, filed Chapter 7 liquidation on May 28 with assets of $129,454.11 and liabilities of $167,624.91.
Preston E. Arrington, construction, filed Chapter 13 debt repayment plan on May 29 with assets of $129,225 and liabilities of $69,000.
The Gunna Corp., trading as The Factory retail clothing, filed Chapter 7 liquidation on May 29 with assets of $2,315 and liabilities of $66,800.
Harry Joseph Scalione and Virginia Ann Scalione, a fast food franchise doing business as McDonald's, filed Chapter 11 reorganization on May 31. Assets and liabilities were not available.
Ronald Wayne Reynolds and Marsha Eileen Reynolds, housekeeping, filed Chapter 7 liquidation on May 31 with assets of $73,363 and liabilities of $96,903.34.
April Bourgeois, Bee Hive Books Inc., filed Chapter 7 liquidation on May 31 with assets of $4,193 and liabilities of $306,362.53.
The Nuhn Corp., doing business as Waves, filed Chapter 7 liquidation on June 4. Assets and liabilities were not available.
John Robert Hurley and Deborah Woodward Hurley, construction, filed Chapter 7 liquidation on June 4. Assets and liabilities were not available.
Keith Vernon Christopher, construction/home improvements, filed Chapter 7 liquidation on June 6 with assets of $64,580 and liabilities of $66,698.70.
Rocky Lee Lassiter, doing business as R&R Services, filed Chapter 13 debt repayment plan on June 6. Assets and liabilities were not available.
CONTRACTS
Virtexco Corp. in Norfolk received a $5.7 million contract to retrofit nine schools and roofing in Suffolk.
Mid Eastern Builders Inc. in Chesapeake received a $3.4 million contract for a free electron laser facility at CEBAF in Newport News.
C.D. Hayes Inc. in Chesapeake received a $2.4 million contract for additions and renovations to the Child Study Center at Old Dominion University.
Virtexco Corp. in Norfolk received a $1 million contract for additions to the Fine and Performing Arts Center at ODU. Virtexco also received a $1.9 million contract for a youth center at Tarawa Terrace at Camp Lejeune, N.C. And, a $4.3 million contract for a Western Branch wellness and fitness center on Taylor Road in Chesapeake.
Mid Eastern Builders Inc. in Chesapeake received a $7 million contract for a general purpose warehouse at the Defense Distribution Depot in Norfolk.
By Juanita Raisor MEMO: Digest reports news of record about businesses in Hampton Roads.
Items accepted include reports of mergers, acquisitions, relocations,
significant expansions, substantial government contract awards, national
honors and awards.
Information should be sent to Juanita Raisor, Business News, 150 W.
Brambleton Ave., Norfolk, VA 23510. by CNB