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ORLANDO-Creditors of locally based World Commerce Online Inc. are meeting Sept. 17 to review the Chapter 11 bankruptcy protection petition filed by the global network developer for the fresh-cut commercial flowers and perishable foods industry.

In an update to its Aug. 20 filing with the U.S. Bankruptcy Court in Orlando, World Commerce shows debts of $4 million to Answerthink Consulting of Miami; $3.2 million to J2 Technologies of Dallas; and $386,181 to the Orlando law office of Miami-based Greenberg, Traurig.

World Commerce listed assets of $22.56 million and liabilities of $41.45 million. The seven-year-old Internet firm is retaining its 40,000-sf office-warehouse quarters near Orlando International Airport as it strives to find new funding for its operations in eight countries.

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