Thursday, September 16, 2010

Owner of Dana Warp Mill Victim of Foreclosure


A former mill that is now billed as the "business
and cultural center of Westbrook" has been placed in receivership. Superior
Court Justice Roland Cole signed a court order earlier this month effectively
placing the Dana Warp Mill under new management. People who are familiar with
the court's foreclosure order--initiated by the mortgage holder, Bank of
America--said tenants can expect no significant changes in the way the building
is managed.
The AJ has more on this story.

- John C.L. Morgan

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