AABP EP Awards 728x90

Second Stanbrough firm files for bankruptcy protection

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Corporate Woods LLC, a property management company controlled by Daniel Stanbrough, has filed to reorganize its finances under federal bankruptcy law. The company is the second Stanbrough firm to file for protection under Chapter 11 of the U.S. Bankruptcy Code. Dan Stanbrough LC is involved in what has become a contentious bankruptcy case, with a federal bankruptcy official both objecting to the reorganization plan and saying the case should be dismissed. Corporate Woods claims assets of between $10 million and $40 million and debts of up to $50,000 in its filing.