A local developer and a
Northern Virginia rug cleaning company on Monday purchased the business
interests and commercial real estate of a prominent bankrupt Richmond couple at
auction.
The sale was one of the
next steps in the bankruptcy of Allen Mead Ferguson and his wife, Mary Rutherfoord Mercer Ferguson, local socialites known for their ties to
business and philanthropy.
Held at the Shockoe
Bottom offices of law firm Hirschler Fleischer, the auction was
looking to unload the remaining assets of
George-Marshall Corp. and Mercer Rug Cleansing, two businesses the couple owned and used as
collateral on loans for their personal finances. From Richmond BizSense.com
