Business Services Industry
Raleigh, N.C.-Area Janitorial-Services Firm Toppled by IRS Lien.
Knight Ridder/Tribune Business News, December, 2002
By Dudley Price and Chris Serres, The News & Observer, Raleigh, N.C. Knight Ridder/Tribune Business News
Dec. 4--RALEIGH, N.C.--Carolina Maintenance Co., a Triangle business founded by the late NCSU basketball great Ronnie Shavlik, has been toppled by a $4.7 million lien filed by the Internal Revenue Service for unpaid employee withholding taxes.
The 45-year-old company, which cleaned some of the Triangle's largest office buildings and once employed 1,200 people throughout the Carolinas, filed for Chapter 11 bankruptcy protection in July and now faces liquidation.
"We never sat down and said, 'Look, let's not pay the IRS,'" said Kenneth D. Randolph, who is Shavlik's son-in-law and CMC's president. "But you can't pay what you don't...
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