Tuesday, December 25, 2012

Johns Hopkins, Colliers Pinkard among bankrupt developer Opus East's creditors - Baltimore Business Journal:

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Opus, which developed more than 13 million squarer feet of commercial space in the regionbsince 1994, . The 210-page list of creditors did not specifyg whether they were securedor unsecured, nor did it say how much moneyh each was owed. Among the firm’s larges t creditors is , which is seekint more than $25 million from Opus tied to a 160,000-square-foort office it was building for defensrecontractor (NYSE: NOC) in Linthicum Heights. The bank sued Opus subsidiaryy Nursery Corner BB LLC in Anne Arundel County Circuit Court onJune 29, claiming Opus defaulted on the according to court documents.
In its bankruptcyh filing, Opus listed assets of between $50 million and $100 million and liabilitiea ofbetween $100 million and $500 million. Other notablse Baltimore-area firms listed included: in Century Engineering; the Economic Alliance of Greater Baltimore; ; American Office Equipment Co. Inc.; ; ; and Klepper & Kahl LLP. The U.S. Bankruptcyu Court in Delaware has scheduled a creditors meetint to be heldJuly 22.

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