A holding company once created to manage more- John C.L. Morgan
than 60 acres of land off Stroudwater Street initially destined for a
multimillion-dollar commercial development plan has filed for bankruptcy.Jason
Snyder, the owner of the land and the holding company, 500 Westbrook LLC, filed
paperwork in U.S. Bankruptcy Court on Nov. 4 under Chapter 11. The paperwork
lists the company as the debtor, and Snyder as the company’s manager.
Thursday, November 17, 2011
Snyder's Company Files for Bankruptcy