Several creditors of Commerce Corp. filed an involuntary bankruptcy petition against the Maryland-based distributor of lawn and garden supplies.
In the petition filed last week, five creditors claim they are owed a combined $1.73 million from the Curtis Bay distributor and want it placed in a Chapter 7 bankruptcy liquidation.
The creditors are DeWitt Co. Inc. in Missouri; Franklin Electric Co. Inc. of Indiana; Dramm Corp. of Wisconsin; and Premier Horticulture Inc. and J.R. Peters Inc., both of Pennsylvania.
Commerce CEO Richard Lessans could not be reached for comment Wednesday morning.
Commerce, founded by Lessans' family in the 1920s, has been under financial...