- September 29, 2008
- All Issuing Offices
- Special Alert - Renaissance Homes Bankruptcy
Home builder Renaissance Homes filed for bankruptcy protection in the US Bankruptcy Court for the District of Oregon on Thursday September 25, 2008. The filing was for three of its companies including Renaissance Custom Homes LLC, Renaissance Development Corporation, and The Lakes at Fishers Landing LLC. Renaissance requested the court to administer the cases jointly.
The builder has development and construction projects in several areas throughout the Portland, Oregon metropolitan area, and southwest Washington.
The company has filed a Motion with the bankruptcy court for entry of a General Sales Order authorizing sales free and clear of liens. The company claimed that it has 37 pending home sales at the present time.
YOU ARE NOT TO CLOSE OR INSURE ANY TRANSACTIONS OF THE LISTED ENTITIES UNTIL FURTHER NOTICE. AS SOON AS THE COURT RULES ON THE PENDING MOTION, YOU WILL RECEIVE ADDITIONAL INSTRUCTIONS.
This bulletin applies to the following debtors:
Renaissance Custom Homes LLC
Renaissance Development Corporation
The Lakes at Fishers Landing LLC
If you have any pending transactions involving any of these individuals or entities or if you have recently closed any transactions involving these individuals or entities please contact the following Stewart representative IMMEDIATELY.
Oregon Underwriting and Claims Counsel
Stewart Title Guaranty Company
2020 SW Fourth Avenue, Suite 190
Portland, Oregon 97201
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