Lexington Blue files for bankruptcy, owes $3.2 million to customers, former employees

Failed roofing company Lexington Blue owes more than $3.2 million to former customers and employees, as well as the Kentucky Labor Cabinet and federal officials, according to the company’s bankruptcy petition.

Owner Brad Pagel filed Monday for Chapter 11 federal bankruptcy protection, meaning the company could reorganize and potentially continue operating while repaying creditors.

But Pagel is also facing a lawsuit from the Kentucky Attorney General’s office, which last month obtained a temporary court order to freeze Pagel’s assets and force Lexington Blue to cease all business…

Story continues

TRENDING NOW

LATEST LOCAL NEWS