Van Peenen's Liquidated, Judge Orders Bankruptcy Filing Changed

Founded by Dutch immigrants in 1929, the famil- owned company filed for Chapter 11 bankruptcy protection earlier this year.

Van Peenen’s Dairy, the 83-year-old milk delivery company has gone into liquidation, NorthJersey.com reported on Monday.

The owners filed for Chapter 11 bankruptcy protection but a federal judge ordered the filing to be converted to a Chapter 7 last week, the website reported.

Patch at the once family-owned business shut down operations. A woman who answered the phone said the business’s bank shut them down and that no one was at the property.

The property was deserted Tuesday afternoon. Only a few trucks sat idely in the parking lot. A company sign was still displayed on the front lawn, but all other signs and ornaments were removed.

Leonard Singer, a Wayne-based attorney representing the business, did not respond to a request for comment.

Van Peenen filed for filed for Chapter 11 bankruptcy protection earlier this year. That filing came 14 months after a federal court awarded a $767,000 judgment, plus interest and other costs, against the Van Peenen brothers who own the company.

Van Peenen Property, LLC, the property owner, owes the town nearly $64,000 in taxes, including more than $8,200 in interest and nearly $2,300 in penalties.

Dutch immigrants Marinus Van Peenen and his wife Gertrude founded in the company as a home delivery milk service in 1929.

— Have a question or news tip? Contact editor Daniel Hubbard at Daniel.Hubbard@patch.com or find us on Facebook and Twitter. For news straight to your inbox, sign up for our daily newsletter.

Dead Hoffa September 12, 2012 at 12:00 AM
Liquidate the earth moving equipment stored there at the same time and kill two birds with one stone......
fboy1932 September 12, 2012 at 09:41 PM
They should return the wooden milk cart and liquidate that. Nooo they had to remove it asap?
Pad September 12, 2012 at 10:44 PM
Lets see if Wayne gets the taxes owed to this Township. Here is a buisness that was destroyed by the very children that inherited it. The number one reason is probably GREED. The original Van Peenan's worked hard to make it a success over all these years to provide for thier children and it is destroyed by the very children it has provided for all these years. Another part of the history of Wayne sadly gone forever.
Dead Hoffa September 13, 2012 at 01:44 AM
I only feel bad the grandchildren and great-grandchildren......they all thought they were born into something, a large successful business and wealth...only to discover a house of cards wracked with debt........


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