Loft Transportation Inc Filed Bankruptcy June 15, 2010

[Paul S]

Loft Transportation Inc Filed Bankruptcy June 15, 2010

Assest: 64,679.00
Deficiency: 652,116.55

Secured Creditors:
BOM 90,000
Summit Ford Lease 28,000
Ted and Joanne Labrash: 105.723.13
VW Credit: 76,344.00
VW Credit: 52,531.00

 

[Roca]

vw credit seems like they were flying high in some nice cars

 

[Paul S]

The best part is "Ted and Joanne Labrash: $105,723.13" They are the owners of Loft

 

[Nawk]

Yet another bankruptcy that just reeks.

 

[Red_5.0]

vw credit seems like they were flying high in some nicecars

True, the Escalades never leave the parking lot until the tow truck comes.

 

[Watchdog]

Anyone attend the creditors meeting today in Richmond Hill? If so what happened? What did Labrash have to say for himself? How many people were there?

 

[keep on truckin]

btw there's a silent partner on this business and she has 30% of the profits u may want to look at that avenue.

 

[keep on truckin]

F.y.i.

I hear he's landed at titanium trucking in woodbridge....

 

[Watchdog]

Titanium seems to take all the owners of bankrupt companies, last one I heard of was Valter Silva aka Ceasar from JVS Transport. I wonder what Ted's alias will be perhaps Claudius would suit him best.