Final Chapter for Kroh Brothers Development's Bankruptcy

KANSAS CITY-Attempts are being made to pay unsecured creditors to close the Chapter 11 bankruptcy of Kroh Brothers Development. The company was a significant player in the office and retail market until the 1986 tax reform.

By Judie Burkhalter | February 26, 2001 at 01:01 AM

Kroh Bros. Development had been a significant player in the local market, with as many as 170 office buildings, retail centers and commercial real estate holdings in a dozen states. All that changed with the tax law revisions passed in 1986. Recently, about 1,700 unsecured creditors have been contacted by the firm of Martin Leigh & Laws, according to a company spokesperson.

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