Bankruptcies

Bankruptcies

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Monday, November 30, 2009

These firms recently filed with the U.S. Bankruptcy Court's local clerk of court 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

Versailles Design Center Inc.

1524 Springhill Rd., Suite EE, McLean, Va. 22102

Type of filing: Chapter 11 reorganization

Case number: 09-19521-RGM


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