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Another Atlanta Developer In Bankruptcy: Miles Properties And Related Entities File Chapter 11 Petitions In Northern District Of Georgia
by admin | Sun, 01/10/2010 - 10:45
Miles Properties, Inc., and several related entities, have filed Chapter 11 petitions in the Northern District of Georgia on January 8, 2010. The filing entities are listed below. Miles is one of the largest developers and owners of apartment and condominium communities in the country, with its headquarters in Atlanta. According to its website, it has 16 communities in Georgia and 36 total.
The president of Miles, Daniel J. Miles, was already in bankruptcy. An involuntary Chapter 7 petition was filed against him on December 8, 2009, Case No. 09-92601. The case was later converted to a Chapter 11 case. Creditors in the personal case are seeking the appointment of a Chapter 11 Trustee in that case (click here for motion).
This is just the latest in a string of developers that have either filed for bankruptcy protection, allowed properties to be foreclosed upon, or just ceased operations.
10-60797
11
Miles Properties, Inc.
Filed:
01/08/2010
Entered:
01/08/2010
10-60798
11
MPI Development Group, Inc.
Filed:
01/08/2010
Entered:
01/08/2010
10-60802
11
MPI Portfolio I, Inc.
Filed:
01/08/2010
Entered:
01/08/2010
10-60803
11
MPI Azalea, LLC
Filed:
01/08/2010
Entered:
01/08/2010
10-60804
11
Miles-Cherry Hill, LLC
Filed:
01/08/2010
Entered:
01/08/2010
10-60805
11
Miles-Oak Park, LLC
Filed:
01/08/2010
Entered:
01/08/2010
10-60806
11
Miles-Fox Hollow, LLC
Filed:
01/08/2010
Entered:
01/08/2010
10-60807
11
Miles-April Ridge, LLC
Filed:
01/08/2010
Entered:
01/08/2010
10-60808
11
MPI Cimarron, LLC
Filed:
01/08/2010
Entered:
01/08/2010
10-60809
11
MPI Sunset Place, LLC
Filed:
01/08/2010
Entered:
01/08/2010
10-60810
11
MPI Palms West, LLC
Filed:
01/08/2010
Entered:
01/08/2010
10-60811
11
MPI British Woods, LLC
Filed:
01/08/2010
Entered:
01/08/2010
10-60812
11
MPI Chaucer, LLC
Filed:
01/08/2010
Entered:
01/08/2010
Scott Riddle’s practice focuses on bankruptcy and litigation. Scott has represented Chapter 7 and 11 debtors, creditors, trustees and other interested parties in bankruptcy cases and bankruptcy litigation. For more information, click here.
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