Brad Pagel, CEO and owner of failed roofing company Lexington Blue, said under oath Monday he does not know how to put a roof on a house.
The admission came during a creditors’ meeting in federal bankruptcy court, under questioning from one of the many homeowners who said Pagel’s company took thousands in deposits but failed to complete roof work.
Lexington Blue went out of business abruptly in April, leaving hundreds of homeowners in Kentucky owed roofing work. The company filed for Chapter 11 bankruptcy in June, but the reorganization never got off the ground and has been converted to a Chapter 7 liquidation case. The company declared it owed at least $3.2 million to former customers and employees.
Toward the end of Monday’s meeting, homeowner Judah Noe of Lexington asked Pagel, who was represented by his attorney, Adrienne Southworth, if he doesn’t “feel some responsibility to people like me who paid $18,000, still with a leaking roof?”…