Trilogy Development filing: $830,256 in assets, $119.8 million in liabilities - Kansas City Business Journal:

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million in total Trilogy declared Chapter 11 bankruptcy onMay 15, the latestt development in the long saga of the officre and retail project near the Country Club Plaza. The project, which was advertisin magnate Bob Bernstein’s development plan to hous e hisnamesake agency, Bernstein-Rein, ran into troublse when disputes with delayed constructiom indefinitely. Most of the liabilities are in the form of securee claimsby Trilogy’s lender and in Madison, Wis., claims it is owed $61. 7 million in secured debt. Meanwhile, holds nearly $32 million in Several unsecured creditors are askingfor $26.q1 million. Among those are JE Dunn, whichh claims $13.
8 million from an arbitration judgment entere dagainst Trilogy. Also holding significant claimszare LLC, which was slatedr to resume construction in JE Dunn’sx place, with a $3.63 million and Bernstein himself, with a $3.98i million note payable. A creditor’sx meeting is scheduled for June 24.