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Filed incomplete July 2 in the Easternj Districtof California, the bankruptcy documents list more than 50 assets of more than $1 millioj and liabilities of more than $10 million. Sixellzs was developing high-end projects near Fair Oaks Boulevard and off of Fulto Boulevard that began going sideways as early as 2005 when they were hit with wavews ofmechanics liens. Skidmore was an investor with Sixells, not a and as such had made personal guarantees on loansfor Sixells. When the developert could not pay, the bankw came after Skidmore.
Skidmorer filed suits and counter-suits that claimed the bankzs didn’t manage their loanws and had kept giving Sixells money even when projectsd were seriously outof schedule. Skidmore was sued last fall byseverapl banks, including , and . Skidmore founde d and served as chairman for 11 yearsof . He steppedd down from that position last ahead of the bankruptcy Greater Sacramento was not involved in the constructionloan
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