Homebuilder files for Chapter 11

MD, NC-- James W. Thomasson Jr., owner of companies filing bankruptcy: MD Homes, Tidewater Land, Acorn Land and First Development Group, FPD of Prince Frederick, NC Homes, Breezewood Homes. Owed creditors/lenders many millions of dollars.

Sep. 8, 2010, Full article: http://www.gazette.net/stories/09072010/businew184309_32554.php