Judge Orders Liquidation Of Contractor's Company - Cleveland 19 News Cleveland, OH

Judge Orders Liquidation Of Contractor's Company

CLEVELAND (AP) - A judge has ordered the liquidation of two contracting companies owned by the brother of Sen. George Voinovich, an Ohio Republican.

U.S. Bankruptcy Judge Pat Morgenstern-Clarren ruled Tuesday that Paul Voinovich's V Companies and VS Architects companies must be sold off to pay creditors. Senator Voinovich is not affiliated with the companies.

The companies filed for protection from creditors two years ago after being ordered to pay a $13.3 million judgment to Jefferson County related to a 140-bed jail that the company designed and helped build.

Construction was completed almost 19 months late and cost about $10 million more than expected. The company blamed county commissioners for most of the delays and increased costs.

The judge said Paul Voinovich's inability to explain payments and debts between the V Group's various units put creditors at risk and raised the possibility of self-dealing.

Paul Voinovich said he was "dismayed and extremely disappointed" by the ruling.

(Copyright 2002 by The Associated Press. All Rights Reserved.)

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