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
Keith’s Consolidated Driver Education Inc.
9409-H Old Burke Lake Rd., Burke, Va. 22015
Type of filing: Chapter 7 liquidation
Case number: 11-18069
Date filed: Nov. 8
Attorney: Mark F. Werblood, 703-534-9300
Assets: zero to $50,000
Liabilities: $100,001 to $500,000
Largest unsecured creditor: Not disclosed
Maryland District
Greenbelt
Grove Investment Group LLC
9232 Mountain Meadow Dr., Boonsboro, Md. 21713
Type of filing: Chapter 11 reorganization
Case number: 11-31800
Date filed: Nov. 2
Attorney: Stephen A. Glessner, 301-663-8200
Assets: $500,001 to $1 million
Liabilities: $500,001 to $1 million
Largest unsecured creditor: PNC Bank, $6,834
Trico Corp.
46940 S. ShangriLa Drive, Suite 15, Lexington Park, Md. 20653
Type of filing: Chapter 7 liquidation
Case number: 11-32073
Date filed: Nov. 7
Attorney: Kimberly D. Marshall, 301-893-2311
Assets: zero to $50,000
Liabilities: $100,001 to $500,000
Largest unsecured creditor: Maryland Bank and Trust Co., $88,069
— Compiled by Vanessa Small
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