• Home
  • About Us
  • Subscribe
  • Advertise
  • Newsroom
  • Sign In
  • Create Account
  • Sign Out
  • My Account
  • Current Issue
    • Latest News
    • Special Report
    • Up Close
    • Opinion
  • News by Sector
    • Real Estate & Construction
    • Banking & Finance
    • Health Care
    • Education & Talent
    • North Idaho
    • Technology
    • Manufacturing
    • Retail
    • Government
  • Roundups & Features
    • Calendar
    • People
    • Business Licenses
    • Q&A Profiles
    • Cranes & Elevators
    • Retrospective
    • Insights
    • Restaurants & Retail
  • Supplements & Magazines
    • Book of Lists
    • Building the INW
    • Market Fact Book
    • Economic Forecast
    • Best Places to Work
    • Partner Publications
  • E-Edition
  • Journal Events
    • Elevating the Conversation
    • Workforce Summit
    • Icons
    • Women in Leadership
    • Rising Stars
    • Best Places to Work
    • People of Influence
    • Business of the Year Awards
  • Podcasts
  • Sponsored
  • INW Senior
Home » Owners of food distributor file for bankruptcy

Owners of food distributor file for bankruptcy

Separate petitions include same debt of $1.4 million

May 7, 2009
Jeanne Gustafson

The co-owners of a longtime food distribution company here each have filed individual Chapter 7 liquidation filings in U.S. Bankruptcy Court here.

Kwang Chen Liu, with co-debtor Mei Hway Liu, made one of the bankruptcy filings, and Tchung-Yen Liu made the other. Both filings say the debtors did business at the same Spokane companies: food distributor Liu's International Co. and related ventures Northwest Food Distributors LLC, Noodleworks LLC, and Liu's Investments LLC, a property management company, all of which have the same address.

None of the applicants, nor their Spokane Valley attorney, Brent Sorenson, could be reached for comment.

Both filings listed the same debts, totaling $1.4 million. Kwang Cheng Liu and Mei Hway Liu's filing listed assets of $460,000, while Tchung-Yen Liu's filing showed assets of $327,000.

A voice message on Northwest Food Distributors' telephone says that it and Noodleworks are closed for reorganization. Those businesses, along with the others identified in the filing, had been located at the same address, at 815 N. Regal.

Liu's International was launched as a family business in Spokane in 1980, and primarily imported food items, mainly from China and Taiwan, the Journal of Business reported in 1994. In 1994, the company sought to open a chain of donut shops in China, and it incorporated Noodleworks LLC in 1998, the Journal reported.

The only secured claim listed in either filing is for the property on Regal Street, with a $322,000 mortgage lien owed to Bank of America. The largest unsecured claims in the filings are two that together total about $214,000, owed to Washington Trust Bank and listed as loans to Northwest Foods. The Lius all are identified as co-debtors in those debts. Tchung Yen Liu is identified in the filings as president of each company, with a 5 percent stock ownership in each, and Mei Hway and Kwang Cheng Liu are identified as secretary and treasurer, respectively, with a joint 95 percent ownership interest in each company.

    Latest News
    • Related Articles

      Clare House owners file for

      Ex-owners of fitness center seek bankruptcy protection

      Amsbury Glass owners file under Chapter 7

    Jeanne Gustafson

    Aslin-Finch makes bold moves

    More from this author
    Daily News Updates

    Subscribe today to our free E-Newsletters!

    Subscribe

    Featured Poll

    How much are you spending on holiday shopping this year?

    Popular Articles

    • By Tina Sulzle

      Trader Joe's puts forward plans in Spokane Valley

    • Vintage (10) c
      By Tina Sulzle

      Aloha Vintage marketplace opens in Millwood

    • 1319f8394524761fe62efd46371b1cb6
      By Dylan Harris

      Silverwood to be acquired by Atlanta company

    • By Journal of Business Staff

      Nordstrom Rack eyes new North Spokane location

    • Topgolf web
      By Ethan Pack

      Topgolf project moves forward in Liberty Lake

    • News Content
      • News
      • Special Report
      • Up Close
      • Roundups & Features
      • Opinion
    • More Content
      • E-Edition
      • E-Mail Newsletters
      • Newsroom
      • Special Publications
      • Partner Publications
    • Customer Service
      • Editorial Calendar
      • Our Readers
      • Advertising
      • Subscriptions
      • Media Kit
    • Other Links
      • About Us
      • Contact Us
      • Journal Events
      • Privacy Policy
      • Tri-Cities Publications

    Journal of Business BBB Business Review allianceLogo.jpg CVC_Logo-1_small.jpg

    All content copyright ©  2025 by the Journal of Business and Northwest Business Press Inc. All rights reserved.

    Design, CMS, Hosting & Web Development :: ePublishing