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
Sagefield LLC
9060 Harts Mill Rd., Warrenton, Va. 20186
Type of filing: Chapter 7 liquidation
Case number: 12-13807-RGM
Date filed: June 18
Attorney: Graham T. Jennings Jr., 804-598-7912
Assets: $500,001 to $1 million
Liabilities: $1,000,001 to $10 million
Largest unsecured creditor: Not disclosed
International Intranco Inc.
4041 University Dr., Ste. 403, Fairfax, Va. 22102
Type of filing: Chapter 7 liquidation
Case number: 12-13880-RGM
Date filed: June 20
Attorney: Sarah L. Kuhns, 301-933-2595
Assets: Zero to $50,000
Liabilities: $500,001 to $1 million
Largest unsecured creditor: HREW, $122,514
DZAR Investments Inc.
Alexandria, Va.
Type of filing: Chapter 7 liquidation
Case number: 12-13906-RGM
Date filed: June 21
Attorney: Joelle E. Gotwals, 703-288-3215
Assets: Zero to $50,000
Liabilities: $1,000,001 to $10 million
Largest unsecured creditor: American Merchant Advance and American Merchant Fund, $300,000 each
Yee Hwa Inc.
4021 Campbell Ave., Arlington, Va. 22206
Type of filing: Chapter 11 reorganization
Case number: 12-13906-RGM
Date filed: June 21
Attorney: Donald Park, 571-405-6540
Assets: Zero to $50,000
Liabilities: $100,001 to $500,000
Largest unsecured creditor: Shinhan Bank, $328,808
Entourage Inc.
1034 Bonham Ave., Wilmington, N.C. 28403
Type of filing: Chapter 7 liquidation
Case number: 12-13997
Date filed: June 26
Attorney: Joelle E. Gotwals, 703-288-3215
Assets: Zero to $50,000
Liabilities: $1,000,001 to $10 million
Largest unsecured creditor: American Merchant Advance and American Merchant Fund, $300,000 each
Maryland District
Greenbelt
Futranet Inc.
1401 Mercantile Lane, Upper Marlboro, Md. 20774
Type of filing: Chapter 11 reorganization
Case number: 12-21359
Date filed: June 18
Attorney: Pro se
Assets: Zero to $50,000
Liabilities: Zero to $50,000
Largest unsecured creditor: Not disclosed
KBK Inc.
2110 Park Chesapeake Dr., Lusby, Md. 20657
Type of filing: Chapter 11 reorganization
Case number: 12-21780
Date filed: June 24
Attorney: Augustus T. Curtis, 301-881-8300
Assets: $1,000,001 to $10 million
Liabilities: $1,000,001 to $10 million
Largest unsecured creditor: Not disclosed
Sheridan Rehabilitative & Wellness Center
7911 Rocton Ave., Chevy Chase, Md. 20815
Case number: 12-21879
Date filed: June 25
Attorney: Theodore Nkwenti, 301-681-0361
Assets: $1,000,001 to $10 million
Liabilities: $1,000,001 to $10 million
Largest unsecured creditor: Not disclosed
— Compiled by Vanessa Small
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