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Renaissance Homes Files For Ch. 11

Law360 (September 26, 2008, 12:00 AM EDT) -- Luxury home builder Renaissance Custom Homes LLC filed for Chapter 11 protection on Thursday, blaming the dismal real estate and credit markets for its slump.

Renaissance filed its petition in the U.S. Bankruptcy Court for the District of Oregon, listing estimated assets between $50 and $100 million and a similar amount of liabilities. The company said it planned to reorganize its financial affairs while continuing to build homes for clients.

The Portland, Ore.-based company filed bankruptcy for three of its companies, including Renaissance Custom House LLC,...
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