Spruce Goose Museum Evergreen Vintage Files BankruptcyPhil Milford and Dawn McCarty
Evergreen Vintage Aircraft Inc., whose museum features historic planes including Howard Hughes’s gigantic wooden “Spruce Goose,” has filed for bankruptcy.
The McMinnville, Oregon-based company listed more than $50 million in assets and more than $100 million in liabilities in Chapter 11 papers yesterday in Portland, without giving a reason for the filing.
It was affiliated with companies that filed for bankruptcy in Delaware a year ago, including Evergreen International Airlines and Supertanker Services Inc., according to court papers.
The museum displays a P-38 Lightning and a P-51 Mustang, as well as a replica World War I-era Sopwith Camel and a Messerchmitt ME-262 reproduction, according to its website. Hughes’s Goose, the biggest plane ever constructed, was finished in 1947 and flown only once, according to the museum’s fact sheet.
The case is In Re: Evergreen Vintage Aircraft Inc., 14-36770, U.S. Bankruptcy Court, District of Oregon (Portland).
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