Beacon Plumbing seeks protection from creditors
Beacon Plumbing and Mechanical Inc., whose "Stop Freakin'<ellipsis> Call Beacon" ads are everywhere on local airwaves and bus ads, filed Friday for Chapter 11 protection from creditors.
Seattle Times business staff
Beacon Plumbing and Mechanical Inc., whose "Stop Freakin'... Call Beacon" ads are everywhere on local airwaves and bus ads, filed Friday for Chapter 11 protection from creditors.
The Kent company listed debts of more than $3 million and zero assets in preliminary documents filed in Bankruptcy Court in Seattle.
Its top creditors are phone directory publisher Dex Media, owed $1.5 million, and Verizon, owed $363,000. Local creditors include the Seahawks, owed $82,000, and KIRO, owed nearly $43,000.
Neither William K. Cahill, listed as Beacon's president, nor the company's attorney, Larry Feinstein, returned messages left late Friday.
Copyright © 2009 The Seattle Times Company
UPDATE - 09:46 AM
Exxon Mobil wins ruling in Alaska oil spill case
UPDATE - 09:32 AM
Bank stocks push indexes higher; oil prices dip
UPDATE - 08:04 AM
Ford CEO Mulally gets $56.5M in stock award
UPDATE - 07:54 AM
Underwater mortgages rise as home prices fall
NEW - 09:43 AM
Warner Bros. to offer movie rentals on Facebook
When vice president of Sub Pop Records Megan Jasper isn't running things at the office, she's working in her garden at her West Seattle home where she and her husband Brian spend time relaxing.