On Friday, one of major GOP donor Richard Kofoed’s businesses filed for bankruptcy.
calls Acceler8 a “consulting firm that focuses on adding value to clients over several business sectors.” On the bankruptcy petition though, the firm is described as a single-asset real-estate business. Other government documents identify that asset as Kofoed’s home.
Kofoed estimates his firm’s assets at $1 million to $10 million on the petition, while valuing its debts between $500,000 and $1 million.In addition to the bankruptcy, Kofoed’s home is at the center of at least two other disputes. One company filed a mechanics lien in April, alleging Kofoed owes it $42,000 for the installation of solar panels. A contractor also sued Kofoed and his wife in October, claiming they failed to pay for $110,000 worth of renovations.
The Kofoeds and their attorney did not respond to requests for comment. The contractor who sued is seeking a default judgement after Kofoed failed to respond to complaints. It’s unclear whether Kofoed kept shelling out to Republicans last year. But just a month before Acceler8 filed for bankruptcy, his wife, Stacy,
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