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Highway Builder C.C. Meyers Files for Personal Bankruptcy - ENR | McGraw-Hill Construction

Publication Date: 27-AUG-08
Format: HTML

   
Description:
Clinton Charles “C.C.” Myers, head of the Rancho Cordova, Calif.-based construction firm that has earned kudos and big bonuses for high-profile emergency road and bridge repairs, filed for personal bankruptcy protection on Aug. 22 in the wake of a foreclosed resort project in which he had heavily invested. Myers is facing a personal loss of a reported $40 million to $60 million tied to the financial woes of the Winchester Country Club project near Auburn. “This is not a choice I wanted to make,” said Myers in a statement following the Chapter 7 filing in Sacramento-based federal bankruptcy court. “It’s very difficult and heartbreaking for me and my family to go into bankruptcy, but I consider it my last and final ...
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