THE VIRGINIAN-PILOT
Copyright (c) 1996, Landmark Communications, Inc.
DATE: Monday, August 12, 1996 TAG: 9608100163
SECTION: BUSINESS WEEKLY PAGE: 03 EDITION: FINAL
SOURCE: By Juanita Raisor
LENGTH: 49 lines
BANKRUPTCIES
Bankruptcies, of business and individuals operating businesses, filed in U.S. Bankruptcy Court in Norfolk:
Tidewater Yacht Sales Inc. filed Chapter 11 reorganization on July 19 with assets of $2,005,000 and liabilities of $2,292,499.77.
Acoustical and Electrical Tech, doing business as Accu-Tech Inc. and A&E Technologies, filed Chapter 7 liquidation on July 19 with no assets and liabilities of $109,574.
Vanessa General Builders, construction contractors, filed Chapter 11 reorganization on July 19 with assets of $613,080 and liabilities of $613,607.
Mildred C. Watts, Lindenwood Grocery, filed Chapter 13 debt repayment plan on July 22 with assets of $72,950 and liabilities of $75,520.
Robert Arnold Young and Elizabeth Geneva Young, newspaper sales, filed Chapter 7 liquidation on July 23 with assets of $8,265 and liabilities of $85,472.43.
K.R.B. Inc., trading as Jimmy's Fresh Market, filed Chapter 11 reorganization on July 25 with assets of $209,100 and liabilities of $719,505.58.
Willie Lee Block and Annie Marie Block, construction, filed Chapter 13 debt repayment plan on July 25. Assets and liabilities were not available.
Billy C. Power and Janice E. Power, formerly trading as Power Satellite Service Inc., filed Chapter 7 liquidation on July 26 with assets of $93,135 and liabilities of $111,452.
Susan Diane Turner, A Copy Enterprise printer, filed Chapter 7 liquidation on July 26 with assets of $1,767.39 and liabilities of $36,041.90.
CONTRACTS
Mid Eastern Builders Inc. in Chesapeake received a $8.9 million contract for a recreation center at Hines School in Newport News.
O.K. James Construction Inc. in Williamsburg received a $5 million contract for expansion and renovation at Oakland Elementary School in Suffolk.
CBC Enterprises Inc. in Norfolk received a $2.4 million contract for peak shaving generator PN 38330 at Ft. Eustis. CBC also received a $769,995 contract for Phase III renovation of Marshall Courts in Newport News.
D.E. Kirby Inc. in Portsmouth received a $1 million contract for air conditioning at Northside Middle School in Norfolk. D.E. Kirby also received a $719,000 contract for air conditioning at Sherwood Forest Elementary School in Norfolk.
Steven D. Jones, trading as Joans & Co., received a $941,715 contract for air conditioning at Crossroads Elementary School in Norfolk. by CNB