Date set for GLC bankruptcy claims

Published 10:18 am Wednesday, March 16, 2011

PROCTORVILLE — Creditors with unsecured, priority or secured claims against GLC Limited have until May 30, to file proofs of such claims to the U.S. Bankruptcy Court in Cincinnati.

That date was established in a Monday hearing where the date for governmental agencies to enter their claims was set for Aug. 31. Governmental claims would include taxes, unemployment insurance, worker’s compensation and government loans.

On Feb. 28, GLC, a West Virginia-based corporation, filed for Chapter 11 bankruptcy in U.S. Bankruptcy Court. So far there are 574 creditors, individuals, businesses and governmental agencies, who have filed claims against the corporation that was owned by Proctorville couple, Gregory L. and Linda L. Crabtree.

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GLC Limited operated Global Liquidation in Proctorville, as well as other liquidation stores in Milan, Ind., Pigeon Forge and Newport, Tenn., and Nitro, Lesage and Huntington, W.Va. GLC has also done business under the names of Dan’s Sporting Goods in Huntington, Trustworthy Hardware Store in Proctorville, Lailah’s Mini Mart and DJ Mini Market.

Already listed among the creditors in the bankruptcy documents are Arizona Department of Economic Security, BCW State Insurance Fund of Columbus, City of Burlington, N.C., tax department, City of Huntington, W.Va. B&O tax and user fees, City of Newport business tax licensing based in Nashville, Tenn., City of Nitro, W.Va. B&O, City of Pigeon Forge, Tenn., Employment Security Commission, Raleigh, N.C., Indiana Attorney General, Indiana Department of Family and Child, Indiana Department of Revenue, Indiana Department of Workforce Development, Internal Revenue Service, Internal Revenue Service Insolvencies, Ohio Department of Commerce, Reynoldsburg, Ohio Department of Job and Family Services, Ohio Department of Taxation, Ohio Worker’s Compensation, Tennessee Attorney General, Tennessee Department of Revenue, Tennessee Department of Job and Family Services, Tennessee Department of Labor and Workforce Development, Tennessee Bureau of Workers’ Compensation, Tennessee Department of Agriculture for food permit, Tennessee Department of Labor and Workforce Development, State of West Virginia, West Virginia Attorney General, West Virginia Bureau of Workers’ Comp, West Virginia Department of Job and Family, West Virginia Department of Taxation and West Virginia State Tax Department.

Last week GLC Limited requested the personal financial records of former Marshall University football coach James Donnan. Donnan is listed individually as a creditor as well as an officer with J &M Brands of Jacksonville, Fla., and having an interest in Mountaineer Wings of Huntington with Dr. Victor “Cuffy” York of Chesapeake. J&M is one of the 20 largest unsecured claims that rang from $4,114,000 to $235,000. J&M’s claim is listed at $588,500. The next largest claim is from Donnan Dyleski LLC of Watkinsville, Ga., at $550,000. The representative listed is Todd Donnan, James Donnan’s son. There are no monetary figures listed for the other claims concerning Donnan.

GLC also wants documents relating to communications between it, the Crabtrees and Donnan and his wife, Mary.

The Donnans have until April 15 to produce those documents.