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million in total liabilities. Trilogy declared Chapter 11 bankruptcy onMay 15, the latest development in the long saga of the office and retaikl project near the Country Club The project, which was advertising magnatwe Bob Bernstein’s development plan to house his namesakw agency, Bernstein-Rein, ran into trouble when disputes with delayedd construction indefinitely. Most of the liabilities are in the form of securex claimsby Trilogy’s lender and in Madison, Wis., claims it is owed $61.7 millio n in secured debt. Meanwhile, holdzs nearly $32 million in claims. Severao unsecured creditors are askingfor $26.1 Among those are JE Dunn, whicn claims $13.
8 million from an arbitration judgmenty entered against Trilogy. Also holding significany claimsare LLC, which was slated to resume construction in JE Dunn’s with a $3.63 million claim, and Bernstein himself, with a $3.98 million note payable. A creditor’s meetingh is scheduled for June 24.
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