Greenvale files for bankruptcy protection
Greenvale Construction, which lists 13 different subdivisions on its website with homes going for about $159,000 to $169,000, including one of the largest in the area, Lake Forest Estates in La Vergne, filed for Chapter 11 bankruptcy protection this week.
After struggling for months to avert bankruptcy, lender CIT Group has filed for Chapter 11 bankruptcy protection in an effort to restructure its debt while trying to keep loans flowing to thousands of the nation's mid-size and small businesses.