The following are recent bankruptcy filings in the U.S. Bankruptcy Court, Eastern District of Maryland in Baltimore City:
Feb. 15
* European Cafe Inc., a.k.a Rio Lisboa and Rio Madrid, a restaurant at 4700 Eastern Ave., Baltimore, filed under Chapter 11. Principal: Jose Antonio Lloret, president. Assets: none; liabilities: $78,325.35
Feb. 21
* Burton Hastings Inc., 5422 Mount Holly Road, East New Market, a fill dirt and grading contractor, filed for Chapter 7 bankruptcy. Principal: Otto Burton Hastings, director/president. Assets: over $500,000; liabilities: over $100,000
Feb. 22
* Black & Gold Construction Co., 5108 Anthony Ave., Baltimore, a construction company and coffee shop, has filed Chapter 7. Principal: Curtis Pozell, president. Assets and liabilities are under $50,000 each.
The following are the most common types of filings under the U.S. Bankruptcy Code:
CHAPTER 7 -- Liquidation.
CHAPTER 11 -- Reorganization.
CHAPTER 12 -- Agriculture, Family Farm with other income.
CHAPTER 13 -- Adjustment of debts of an individual with regular income.
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a.k.a. (also known as), d/b/a (doing business as), t/a (trading as).
n/a: not available. LLC: Limited Liability Co.; L/P: Limited Partnership. P/A: Professional Association. P/C: Professional Corp.