Brattleboro sues owner of failed energy company - WCAX.COM Local Vermont News, Weather and Sports-

Brattleboro sues owner of failed energy company

Posted: Updated:

BRATTLEBORO, Vt. (AP) - The town of Brattleboro, Vt., has sued the founder of a now-bankrupt company that tried to develop a sustainable food, energy and algae system, seeking money he borrowed from the town.

The town says Donald McCormick borrowed $40,000 to set up Carbon Harvest. The goal was to use methane gas from the Windham Solid Waste Management District to power a closed loop system that would produce food in greenhouses.

McCormick launched his project in 2010; investors later took over, saying he had run out of cash. Carbon filed for bankruptcy protection in April.

The Brattleboro Reformer reports the town is asking McCormick to repay about $14,000 plus interest, along with court and legal fees. McCormick asked to be relieved from the debt and said he was considering personal bankruptcy.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Related Stories:

Vt. company that sought waste energy closes

Vt. company furloughs workers

$2 M development grants OK'd in Vt

Powered by Frankly
All content © Copyright 2000 - 2017 WCAX. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.