Washington area bankruptcy filing for the week of June 4
By Vanessa Small,
This firm recently filed with a U.S. Bankruptcy Court’s local court clerk’s office.
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.
4936 Fairmont LLC
4936 Fairmont Ave., Ste. 203, Bethesda, Md. 20814
Type of filing: Chapter 11
Case number: 12-19803
Date filed: May 23
Attorney: Francis H. Koh, 301-881-3600
Assets: $1,000,001 to $10 million
Liabilities: $1,000,001 to $10 million
Largest unsecured creditor: CHMB, $400,000
— Compiled by Vanessa Small