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Bankrupt West Virginia Business Park to Sell Assets

Submitted by jhartgen@abi.org on

The operators of a West Virginia business park will try to sell some or all of their property as part of a bankruptcy plan, according to court documents, NationalMortgageNews.com reported yesterday. This month, the West Virginia High Technology Consortium submitted its bankruptcy reorganization plan for federal court approval. Earlier this year, the West Virginia High Technology Consortium and subsidiary companies filed for chapter 11 protection. The filing came on the heels of a federal lawsuit in which Huntington Bank alleged the consortium owed it nearly $20 million.