Michigan Community Owner Files for Bankruptcy

From the Wall Street Journal blog we find that Cormello LLC, the owner of a manufactured and mobile-home park in Michigan, filed for bankruptcy earlier this month. The report indicates documents filed in the Detroit bankruptcy court, the township of Ypsilanti, alleged that the Ypsilanti Mobile Village “constitutes a public nuisance, with imminent and identifiable harm to the public health or safety.” Officials in Ypsilanti, a community some 30 miles from Detroit, had hoped that the judge would declare the site a public nuisance and force D’Mello to demolish the remaining trailers. But because of the bankruptcy filing, Cormello was automatically stayed from legal action against it. MHMSM.com sees this situation calling for a paraphrase of an Association Exec: “If someone is doing something wrong in the industry, no, we don’t blindly stand behind them.  We have to stand for what is right.”
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