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A weak housing market and debts related to large-scale land acquisitions have forced Harford County-based homebuilder Gemcraft Homes Inc. into Chapter 11 bankruptcy.
Gemcraft filed for federal protection Monday, claiming between $50 and $100 million in debts and between $100 and $500 million in assets. The exact amounts of unsecured debts and assets were not specified in the filing.
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...BANKRUPTCIES. These include Chapter 7, 11 and 13 businessrelated filings. Cred...Mortgagor: Charter Homes at Harrlsburg Inc. Lender: Fulton Bank. Amount: $8...Mortgager: Gemcraft Homes Forest HIM LLC. Lender: Manufacturers and Tr...
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...Sec. 106. Gemcraft Homes, Inc. v. Sumurdy, 688 F.Supp. 289, 294 (E.D....
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Developments include a 39-acre parcel in Aberdeen, MD, 103-acre develop...MELVILLE, N.Y. -- Gemcraft Homes, Inc. and its related co-Debtors in the Chap...
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...BANKRUPTCIES. These include Chapter 7, 11 and 13 filings. Creditors, vendors a...Mortgagor: Gemcraft Homes Inc. Lender: Manufacturers & Traders Trust C...
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Starter homes, larger homes, retirement communities, investment opportunities - all can be found on the Delmarva Peninsula, where thousands of homes are planned or are under construction in more than 50 new communities.
New-home communities are sprouting near the rivers, bays and beaches of Maryland, Delaware and Virginia.
...Certain amounts of pension income are excluded from taxable income for those older t...Gemcraft Homes, headquartered in Baltimore (www.gemcrafthom...
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- William C. Carson, Plaintiff-Appellant, v. Dynegy, Inc.; Dynegy Holdings, Inc., Formerly Doing Business as Dynegy, Inc.; Dynegy Marketing and Trade; Dynegy Power Corp.; Dmt Holdings, Inc.; Dynegy G.P., Inc.; Bg Holdings, Inc.; Dynegy Upper Holding; Dynegy Holding Company, L.L.C.; Dynegy Power Market; Dmt L.P., L.L.C.; Dmt G.P. L.L.C.; Dmt Holdings, L.P., Defendants-Appellees., 344 F.3d 446 (5th Cir. 2003)
...§ 106." Id. (citing Gemcraft Homes, Inc. v. Sumurdy, 688 F.Supp. 289, 294 (E.D....
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Contracts
Merger doctrine
...CASE: AccuBid Excavation, Inc. v. Kennedy Contractors, Inc., No. 992, September ... LINE: Developer, by contracting to sell new homes in its subdivision, undertook legal obligation to ... sold the remaining twenty-three lots to Gemcraft Forest Hill, LLC. In 2002, the CPD initiated an in...
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York County has more housing starts than any other county in Pennsylvania. Home buyers have invested in this Susquehanna Valley location, about 87 miles from the District, where they can get more home for the money than in areas closer to the Beltway.
Attractions such as Hershey's Chocolate World and the Gettysburg National Military Park in neighboring Adams County draw visitors to Southern Pennsylvania. York County and its namesake county seat are a convenient central location for getaways.
...-century Victorian mansions to charming row homes, new condominiums and single-family home communiti... 1633 square feet of living space, including 9-foot first-floor ceilings, a spacious eat-in kittchen and finished recreational room. Gemcraft Homes (www. gemcrafthomes.com) is also building th...
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... are hawking uncommonly valuable incentives to boost sales during the slow market. Keystone Cuustom Homes Inc. is making its buyers' mortgage payments for a...And Gemcraft Homes, which just finished giving away $25,000 car...