D.C. area bankruptcy filings for Nov. 5

November 4, 2012

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

Imam Shirazi World Foundation

7900 Backlick Rd., Springfield, Va. 22150

Type of filing: Chapter 11 reorganization

Case number: 12-16439-RGM

Date filed: Oct. 27

Attorney: Daniel M. Press, 703-734-3800

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

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

Largest unsecured creditor: Mohammadia Center of Virginia, $225,000

Maryland District
Greenbelt

Riddhi Siddhi LLC

10870 Crain Hwy., Faulkner, Md. 20632

Type of filing: Chapter 11 reorganization

Case number: 12-29557

Date filed: Oct. 26

Attorney: Pro se

Assets: zero to $50,000

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

Largest unsecured creditor: Not disclosed

Shivam LLC

10870 Crain Hwy., Faulkner, Md. 20632

Type of filing: Chapter 11 reorganization

Case number: 12-29562

Date filed: Oct. 26

Attorney: Pro se

Assets: zero to $50,000

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

Largest unsecured creditor: PNC Bank, $746,794

9439 LLC

9201 Colesville Rd., Silver Spring, Md. 20910

Type of filing: Chapter 11 reorganization

Case number: 12-29627

Date filed: Oct. 29

Attorney: Richard H. Gins, 301-718-8359

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

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

Largest unsecured creditor: T&K Management, $380,000

— Compiled by Vanessa Small

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