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Thousands of companies file for Chapter 11 protection every year in the U.S. The Bend Bulletin is just one of the latest companies seeking protection from its creditors. Bend bankruptcy attorney Jon Basham says the Bend Bulletin is looking to renegotiate its $18 million in loans, it owes Bank of America. Chapter 7 is businesses shutting down, they are liquidating. They are not trying to restructure their debt. Chapter 11 wants to continue operating and restructure some debt. The Bend Bulletin has had to pay $2 million in penalties and fees to Bank of America over the last couple years. They hope to reorganize their debt over the next six months.

 

 

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Traffic & Weather

 

 

 

 

Jones Road, full road closure between Bennington Lane and NE Butler Market Road. May 18 – August 18, local access only.
 

 

Orion Drive closed in two locations for sewer work; at the intersection with Avery Lane and between Desert Woods Drive and King Hezekiah Way.  From July 11 to Sept. 6. Detours marked.

 

Valhalla Sewer Relocation Project, Mt. Washington Drive at Shevlin Park Road intersection and North to Regency Street. Nighttime closures with detours marked during roundabout construction. Daytime closures for construction towards Regency Street.    7 p.m. – 7 a.m., July 11 – November.

 
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