D.C. area bankruptcies for Jan. 14

January 13, 2013

These firms recently filed with the U.S. Bankruptcy Court’s local court clerk’s offices.

Under Chapter 11 of the federal bankruptcy code, a company is protected from claims by creditors while it attempts to reorganize its finances under a plan approved by the court.

In a Chapter 7 liquidation, a court trustee sells assets to pay creditors’ claims. The company then ceases operations.

Eastern Virginia District
Alexandria Division

Adam’s Corner LLC

2319 Wilson Blvd. Arlington, Va. 22201

Type of filing: Chapter 11 reorganization

Case number: 13-10082-BFK

Date filed: Jan. 7

Attorney: Pro se

Assets: $50,001 to $100,000

Liabilities: $50,001 to $100,000

Largest unsecured creditor: Not disclosed

Popghum Holdings LLC

901 N. Pollard St., Ste. #111, Arlington, Va. 22203

Type of filing: Chapter 7 liquidation

Case number: 13-10090-BFK

Date filed: Jan. 7

Attorney: Nora Raum, 703-243-2044

Assets: zero to $50,000

Liabilities: $100,001 to $500,000

Largest unsecured creditor: Daniel Dong Soo Park, $176,065

Maryland District
Greenbelt

Greentree Associates LLC

5454 Wisconsin Ave., Ste. 1265, Chevy Chase, Md. 20815

Type of filing: Chapter 11 reorganization

Case number: 13-10274

Date filed: Jan. 7

Attorney: Ronald M. Levin,

Assets: $500,001 to $1 million

Liabilities: $500,001 to $1 million

Largest unsecured creditor: Not disclosed

District of Columbia

Govenlock Investments, LLC

P.O. Box 11530, Washington, DC 20008

Type of filing: Chapter 7 liquidation

Case number: 13-00007

Date filed: Jan. 5

Attorney: William C. Johnson Jr.,202-525-2958

Assets: zero to $50,000

Liabilities: $1,000,001 to $10 million

Largest unsecured creditor: QBC Investment Group, $750,000

— Compiled by Vanessa Small

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