APPCO’s former owner won the right to keep the 12 convenience store buildings he repossessed early this month, according to a ruling by Federal Bankruptcy Judge Marcia Parsons, the Johnson City Press reported. After the decision, a representative for Jim MacLean said MacLean’s property companies plans to gain possession of the other 16 stores he…
Lykins Enterprises Files For Chapter 11
Lykins Enterprises Inc., based in Maysville, Ky., and three of its related companies filed voluntary petitions to reorganize under Chapter 11 of the U.S. Bankruptcy code on Jan. 29, 2010, according to David Lykins, CEO and founder of the business, The Ledger Independent reported. Lykins Enterprises sells fuel on a wholesale basis to customers in…