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Plaza Condo Project Files Chapter 11

ORLANDO-The 21-story building, which opened two years ago, cites $10 million in debt.

By Carl Cronan | Updated on April 13, 2009

ORLANDO-The developer of The Plaza, a 21-story residential condominium building that became part of the city’s skyline two years ago, has filed for Chapter 11 bankruptcy protection, according to the Orlando Business Journal . The company known as The Plaza LLC, led by Cameron Kuhn, filed a voluntary petition April 9 with as many as 49 creditors owed as much as $10 million, court documents show.

First American Title Co. leads the list of creditors, with a claim of at least $5 million, followed by two condo associations, each owed $450,000. The Plaza reported assets ranging between $1 million and $10 million.

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