Firm Files Chapter 11 Petitions For Boardwalk And Baseball, Inc. And Related Corporations - January 13, 2014

On January 13, 2014, the firm filed Chapter 11 Petitions for Boardwalk and Baseball, Inc., Coleridge Corporation, and Boardwalk Land Development, Inc. The Debtors own approximately 400 acre in the Polk County, Florida, project known as the “Victor Posner City Center.” The site is located on one of the major arterial interchanges in the State of Florida, at the intersection of Interstate 4 and Highway 27 in Davenport, Polk County, Florida, six miles north of Haines City. The Debtors face claims of more than $40 million from creditor constituencies. The firm’s representation in these cases is headed by Harley E. Riedel and Edward J. Peterson.