Oakwood Homes Corporation designs, manufactures, markets and distributes manufactured and modular homes. It designs and manufactures a number of model homes that are primarily sold under the registered trademarks Oakwood, Freedom, Golden West, Schult, Crest and Marlette. In addition to traditional manufactured homes, Oakwood manufactures modular homes, which are built in accordance with state or local building codes and therefore are similar in specifications and design to site-built homes. On Nov. 12, 2002, Oakwood and 14 of its subsidiaries filed voluntary petitions for reorganization under Chapter 11 of the federal bankruptcy laws in the United States Bankruptcy Court in Wilmington, Del. In April 2004, the company sold substantially all of its operations and non-cash assets to Clayton Homes, a subsidiary of Berkshire Hathaway. Oakwood Homes Corporation maintains a location in Greensboro, N.C.