Paragon Commercial Bank, Franklin Federal Savings Bank and Citizens Bank & Trust have petitioned the U.S. Bankruptcy Court in Richmond to place the formerly high-flying developer into bankruptcy.
Citizens Bank & Trust
Creditors win judgments against French, but will there be any money?
Just before he is due to appear in court on multiple fraud charges, formerly high-flying developer Justin French was hit last week with two default judgments against him totaling almost $2 million for failing to repay loans.