D.C. area bankruptcy filings for June 16

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

Iroquois Property Management LLC

P.O. Box 1880, Leesburg, Va. 20175

Type of filing: Chapter 11 reorganization

Case number: 14-12140-RGM

Date filed: June 5

Attorney: Ann E. Schmitt, 703-737-6377

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

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

Largest unsecured creditor: Leesburg Hanger Condo. Assoc., $667

The Medi-SSAGE Clinic of Northern Virginia Inc.

10 Sire Way, Warrenton, Va. 20186

Type of filing: Chapter 7 liquidation

Case number: 14-12161

Date filed: June 6

Attorney: John C. Morgan Jr., 540-349-3232

Assets: Zero to $50,000

Liabilities: $500,001 to $1 million

Largest unsecured creditor: Miriam L. White, $225,000

Elite Auto Service Performance Inc.

18945 Barnette Circle, Triangle, Va. 22172

Type of filing: Chapter 7 liquidation

Case number: 14-12192-RGM

Date filed: June 9

Attorney: Weon Geun Kim, 571-278-3728

Assets: Zero to $50,000

Liabilities: $100,001 to $500,000

Largest unsecured creditor: Not disclosed

Chantilly BioPharma LLC

3701 Concorde Pkwy., Chantilly, Va. 20151

Type of filing: Chapter 11 reorganization

Case number: 14-12195-BFK

Date filed: June 9

Attorney: Ronald J. Drescher, 410-484-9000

Assets: Zero to $50,000

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

Largest unsecured creditor: Utica Leaseco, $1,297,183

Maryland District
Greenbelt

Western Maryland Lumber Inc.

P.O. Box 251, Lonaconing, Md. 21539

Type of filing: Chapter 11 reorganization

Case number: 14-19274

Date filed: June 6

Attorney: Gary H. Leibowitz, 410-528-2971

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

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

Largest unsecured creditor: Tri County Motor Sales, $308,324

Western Maryland Transport Inc.

P.O. Box 278, Barton, Md. 21521

Type of filing: Chapter 11 reorganization

Case number: 14-19275

Date filed: June 6

Attorney: Gary H. Leibowitz, 410-528-2971

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

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

Largest unsecured creditor: Southern States, $642,463

— Compiled by Vanessa Small

Vanessa Small covers philanthropy and nonprofits for Capital Business. She also spotlights newly appointed executives in the New at the Top column, which chronicles their journeys to the top. Small was raised in Orange County, Ca. and graduated from Howard University.
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