According to court records, David Weatherholtz Jr. and his business partners were served with papers on Feb. 1 notifying them that the Millersville, Maryland firm Gray and Associates had been appointed as receivers with the intention to prepare the property for sale. But after no response was issued from any of the owners, the mortgage holders filed additional paperwork on Feb. 9 to request a default judgment from the court.
Both decisions are still pending.
Last month, due to nonpayment of the mortgage and other upkeep costs like utilities, U.S. District Court Judge James Bredar ruled in favor of lender U.S. Bank and appointed receivers to manage the assets, collateral and property owned by David Weatherholtz Jr., two partners and O.C. Entertainment, who operated the O.C. Jamboree theater until last year.
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1 comment:
Yep, he might as well just suck it up and spread ''em, because he done screwed the pooch five ways to Sunday.
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