Sunday, January 23, 2011

Selvaggio Enterprises

FROM ROSS NUNAMAKER

The Morning Call has a feature article on LNT based Selvaggio Enterprises. The article notes how the company, begun as heating and air conditioning, grew into a major residential and commercial developer and now faces millions in debt.

Some properties have been seized by creditors and income from properties is being garnished by others, while a few are considering a rarely utilized involuntary bankruptcy proceeding to try to get money from the company.

No comments: