THE VIRGINIAN-PILOT
Copyright (c) 1995, Landmark Communications, Inc.
DATE: Monday, September 25, 1995 TAG: 9509230169
SECTION: BUSINESS WEEKLY PAGE: 07 EDITION: FINAL
SOURCE: By Juanita Raisor
LENGTH: Medium: 84 lines
NEW BUSINESSES
Clay Culbreth opened Old Dominion Commercial Real Estate Services at 1064 Laskin Road, Suite 25-C in Virginia Beach in June, specializing in industrial properties on the Peninsula. Culbreth was with Virginia Commercial Real Estate in Virginia Beach.
Debra Browing Lybrand opened a Aloette franchise at 2697 International Parkway, Parkway One, Suite 205 in Virginia Beach. Aloette of Eastern Virginia distributes aloe-based skincare products through home shows and private consultations.
Denis J. Bradshaw and Lambros P. Tzerefos have opened MicroTech, a network design, integration and implementation computer service at 1501 Millington Drive, Virginia Beach.
NAME CHANGES
The law firm of Lascara & Cashen has chanded its name to Lascara & Associates. William A. Lascara operates a general practice firm in the Dominion Tower building in Norfolk, with concentrations in government contracts, corporate, construction, real estate, estate planning and business law.
BANKRUPTCIES
Business bankruptcies filed in U.S. Bankruptcy Court in Norfolk:
Michael Belgarde Storey, M.B. Storey Inc. paint contractor, filed Chapter 7 liquidation on Sept. 5 with assets of $61,458 and liabilities of $228,840.73.
Carmer Hassell Wallace Jr. and Lottie Delores Wallace, trading as Wallace Construction filed Chapter 13 debt repayment plan on Sept. 6. Assets and liabilities were not available.
Handyman Builders & Repair filed Chapter 7 liquidation on Sept. 7 with assets of $2,762 and liabilities of $29,734.
Computer Coach Properties, commercial property for leasing and equity appreciation, filed Chapter 7 liquidation on Sept. 7 with assets of $600,000 liabilities of $350,830.
Cylester McKently Shaw and Patricia A. Shaw, hair salon, filed Chapter 13 debt repayment plan on Sept. 12 with assets of $88,354 and liabilities of $111,165.02.
Charles C. Johnston and Robin Johnston, construction, filed Chapter 7 liquidation on Sept. 13 with assets of $128,127 and liabilities of $293,061.61.
Albert Samuel Jr., formerly doing business as Al's Cleaning & Janitorial Services, filed Chapter 13 debt repayment plan on Sept. 13 with assets of $199,825 and liabilities of $234,800.79.
John Keith Drake, towing and hauling, filed Chapter 7 liquidation on Sept. 13. Assets and liabilities were not available.
Young Properties Development, real estate development, filed Chapter 11 reorganization on Sept. 15. Assets and liabilities were not available.
Beach Book Shops Inc. filed Chapter 11 reorganization on Sept. 15. Assets and liabilities were not available.
William Michael Holland, Chinese Corner Exxon, filed Chapter 7 liquidation on Sept. 15 with assets of $51,593.66 and liabilities of $193,995.38.
Alfred P. Arocho and Anna L. Arocho, electronic security consultant, filed Chapter 7 liquidation on Sept. 18 with assets of $37,434.50 and liabilities of $55,003.92.
CMA Accounting & Tax Service filed Chapter 11 reorganization on Sept. 18. Assets and liabilities were not available.
CONTRACTS
S. B. Ballard Inc. in Norfolk received a $4 million contract from Harris Teeter to build store No. 161 at Princess Anne Plaza in Virginia Beach.
Qualicon Corp. in Chesapeake received a $1 million contract for repair of oil water separators, motor pools at Ft. Lee.
The Williams & Beasley Co. in Virginia Beach received a $505,841 for rehabilitation of the Jordan Bridge, Phase I, in Chesapeake.
E.H. Ivey in Norfolk received a $564,480 contract for electrical work at the Landing Craft Air Cushion complex at the Naval Amphibious Base Little Creek. MEMO: Digest reports news of record about businesses in Hampton Roads. Items
accepted include reports of mergers, acquisitions, relocations,
significant expansions, substantial government contract awards, national
honors and awards.
Information should be sent to Juanita Raisor, Business News, 150 W.
Brambleton Ave., Norfolk, VA 23510.
by CNB