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Former lawmaker Dorworth’s Seminole firm files for Chapter 7 bankruptcy
Former state lawmaker Chris Dorworth’s River Cross Land Co. has filed for bankruptcy, after spending roughly $1 million in a failed bid to erect a controversial mega development within Seminole County’s rural boundary.
According to the Chapter 7 filing on April 22, the company, an LLC, has liabilities estimated to range between $500,000 and $1 million, and estimated assets of up to $50,000.
The filings in Florida’s middle district of U.S. Bankruptcy Court provide few other details. However, in a text message to the Sentinel on Friday, Dorworth said Seminole County is River Cross’ only creditor.
For more than a year, Seminole leaders have pursued $432,000 that River Cross is under court order to pay the county, an amount representing its legal fees defending itself from the development firm.
But two days after the bankruptcy filing, U.S. District Judge Anne Conway ordered a temporary halt in the fee recovery proceedings until the bankruptcy case is resolved. Seminole’s attorney Kate Latorre did not respond to an email asking for comment on Friday.