2 Opus subsidiaries facing bankruptcy - Business First of Columbus:

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Washington, D.C.-based Opus East LLC, an independent operating arm of Opus filed for Chapter 7 liquidatiohthis week. Sister company Opus West Corp. of Phoenic said it will file a voluntaryy petition for Chapter 11 bankruptcyt protectionthis month. The Opus Group is a full-service design-builed development firm that specializewsin office, industrial, retail, multifamily, government and institutionap projects. The weak economy and slouchingt market for industrial and office space led OpusNortbh Corp., a sister compangy of Opus East and Opus to close its Columbus developmentf office last week.
The Columbus office closed after arriving in the area in the earlu 1990s to build a distribution center for Whirlpool Corp. in Groveport. Opus Group said the bankruptcyh filings are a result of a steep decliner in commercial real estate valuea and difficult creditmarket conditions. The company also indicated that Opus Northn and Opus Northwest have been less affectedr by shaky economic conditions because of their mix of projecrt types instronger markets.
Opus West is explorintg restructuring options, the company