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Bankruptcy

: Georgia Bankruptcy Blog

Owners of Highlands Apartments Files Chapter 11 Petitions In Northern District

By Scott Riddle

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The owners and managers of several related apartment complexes in Norcross, Georgia filed Chapter 11 petitions in the Northern District of Georgia, apparently as a result of the real estate market.  The filings were precipitated by the filing of a suit in Fulton County by Regions Bank to appoint a receiver.

The cases are:

MPI EAGLES, LLC, Case No. 09-73804-jem  (dba "Highland Corners Apartments")
MPI ASHLEY, LLC, Case No. 09-73808-jem  (dba "Highland Lakes Apartments")
MPI HUNTERS, LLC, Case No. 09-73811-jem dba ("Highland Valley Apartments")
MPI RESERVE, LLC, Case No. 09-73813-jem   (dba "Highland Reserve Apartments")

 

 

 

 

Full post as published by Georgia Bankruptcy Blog on June 02, 2009 (boomark / email).

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