Business bankruptcies

  • Updated: July 8, 2012 - 7:43 AM

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.

MINNEAPOLIS

Douglas T. Harrison, as surety for BOTL Properties, Harco Moving and Storage Inc., Midwest Portable Storage Inc. and Jate Mies Inc., 8289 Mississippi Blvd. NW., Minneapolis; filed June 29, 12-43862; Chap. 7; assets, $327,855; liabilities, $787,769.

Suburban Electric Inc., 871 Meander Court, Medina; filed June 29, 12-43881; Chap. 7; assets, $186,440; liabilities, $1,526,885. John Evenson, owner.

Thomas Arnold Jones, as surety for TNT Specialties Inc. and TNT Race Shop Inc., 3819 121st Av. NW., Coon Rapids; filed June 30, 12-43911; Chap. 7; assets, $69,994; liabilities, $353,654.

ST. PAUL

Gregory J. Pavek, as surety for Greg Pavek Homes Inc., Greg Pavek Enterprises and Greg Pavek Electric, and Tonya M. Pavek, New Prague, Minn.; filed June 30, 12-33956; Chap. 7; no schedules filed.

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