This is a list of recent business-related bankruptcies filed in U.S. Bankruptcy Court in Minneapolis and St. Paul. The number after the filing date is the case number. A Chapter 7 petition is for liquidation of the business; Chapter 11 (or Chapter 12 for farmers or Chapter 13 for small businesses) gives protection from creditors while the business is reorganized.
David Roy Moline, doing business as New London Wine and Spirits Inc., and Peggy Sue Moline, New London, Minn.; filed Jan. 14, 13-40157; Chap. 7; assets, $638,422; liabilities, $362,983.
Lion Liquidation, formerly known as Pride Energy Solutions, 5021 Vernon Av. S., Minneapolis; filed Jan. 15, 13-40196; Chap. 11; no schedules filed. Eric J. Strobel, general counsel.
Daniel Scott Finley, as surety for Danja LLC, 15677 E. 190th St., Hastings; filed Jan. 11, 13-30127; Chap. 7; assets, $46,339; liabilities, $242,417.