Business Bankruptcies

  • Updated: July 22, 2012 - 10:53 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

Craig S. Voltin, as surety for CVD Index Machine Inc. and Minnesota Sarpino's Inc., and Ann M. Voltin, 1625 117th Av. NE., Blaine; filed July 13, 12-44099; Chap. 7; assets, $308,900; liabilities, $1,044,793.

Reeves Park Inc., 5500 Lincoln Dr., Minneapolis; filed July 15; Chap. 7; assets, 12-44130; Chap. 7; assets, $267,109; liabilities, $2,887,871. Klaus Jung, president.

Magnum Metals, 5500 Lincoln Drive, Minneapolis; filed July 15, 12-44131; Chap. 7; assets, $96,768; liabilities, $620,237. Klaus Jung, owner.

ST. PAUL

Omni Construction Services Inc., 4312 Jasper Dr., Eagan; filed July 13, 12-34105; Chap. 7; no schedules filed. Robert C. Johnson, CEO.

Rodney W. Vivant, as surety for Vivant Custom Woodcraft Inc. and RK Properties, 23291 Newport Av., Prior Lake; filed July 18, 12-34185; Chap. 7; assets, $228,786; liabilities, $1,099,182.

Junonia Ltd., 1355 Mendota Heights Rd., Mendota Heights; filed July 19, 12-34206; Chap. 11; assets, $1,680,660; $2,186,832. Anne Kelly, president.

Nancy Jo Taylor, as surety for Life Enrichment Inc., 4260 Helne Strasse, Eagan; filed July 19, 12-34228; Chap. 7; assets, $109,953; liabilities, $203,387.

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