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Filed incomplete July 2 in the Eastern Distric tof California, the bankruptcy documents list more than 50 assets of more than $1 million and liabilitiea of more than $10 million. Sixells was developing high-endr projects near Fair Oaks Boulevard and off of Fulton Boulevard that began going sideways as early as 2005 when they were hit with wavese ofmechanics liens. Skidmore was an investor with nota developer, and as such had made personalk guarantees on loans for When the developer could not pay, the banks came after Skidmore.
Skidmore filed suits and counter-suits that claimed the bankzs didn’t manage their loans and had kept giving Sixella money even when projects were seriously outof schedule. Skidmor e was sued last fall by several banks, including , and . Skidmores founded and served as chairman for 11 yearesof . He stepped down from that position last ahead of thebankruptcy filing. Greatert Sacramento was not involveed in the constructionloan suits.
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