"Real estate developer Lauth Investment Properties LLC filed for Chapter 11 bankruptcy court protection this morning after months of weathering brutal market conditions here and across the country.
The filing in Indianapolis bankruptcy court listed assets and liabilities of up to $10 million.
It wasn't immediately clear whether Lauth Investment Properties represents only part of the Lauth Group Inc. development empire.
IBJ reported last month that Lauth Group had cut about 90 percent of its staff and lost control of part of its portfolio to an equity partner."
Comments for this post
A Spin On The Revolving Door: Pentagon Officials Turned Venture Capitalists
-
*"NEW YORK TIMES" By Eric Lipton*
*"Retiring generals and departing top Pentagon officials once migrated
regularly to the big established weapons make...
1 week ago
