Tuesday, March 5, 2013

Westport bankruptcy converted to Chapter 11

The bankruptcy of the development company behind the Westport Waterfront project can move forward as a Chapter 11 reorganization. Inner Harbor West LLC, one of the companies that developer Patrick Turner formed as part of his planned revitalization of roughly 43 acres in southwest Baltimore, sought Chapter 11 status shortly after an involuntary Chapter 7 petition was filed against the company by two creditors.

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