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Personal guarantees haunt Centre Properties founders

A Cincinnati bank that won a $2.1 million judgment on personal guarantees from Centre Properties founders Craig Johnson and James Singleton took the extreme action recently of having bank accounts frozen after the pair did not pay up.

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Downtown hardware store in bankruptcy feud

North Meridian Hardware seeks to reorganize to stave off lender’s attempt to liquidate the store’s inventory to help satisfy a debt. But the store owner said he’s confident the dispute will be settled.

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