Superbowl Coordinator Moves Toward Chapter 7 Bankruptcy

Paul R. Ridgeway, the man behind the company that was responsible for coordinating transportation for NFL Superbowls and other high-profile events, is now filing for Chapter 7 bankruptcy. He has listed assets of $1.03 million and liabilities of $4.62 million in Minnesota's US Bankruptcy Court.

Ridgeway has worked as a Ramsey County executive assistant for the rate of $34.92 per hour since November.

U.S. Bancorp has foreclosed on mortgages for Ridgeway properties that amount to $1.07 million, according to Star Tribune.

Another one of Ridgeway's ventures that he was working on with his son, for an "Asian World Marketplace," has yet to come to fruition.

At this time Ridgeway owes $156,808 to Riverview Community Bank; $80,000 in state and federal taxes; $103,320 to Boom Brothers Commercial Capital;  $35,324 to Boulay and $70,530 to Freestyle Productions Inc.

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