From statesman, December 11, 2008...
With payment on $900 million debt due, General Growth Properties might file for bankrupcy if it can't refinance.
Read more...
Showing posts with label Bankruptcy. Show all posts
Showing posts with label Bankruptcy. Show all posts
Friday, December 12, 2008
Wednesday, August 20, 2008
Save Our Spring bankruptcy plan denied
From statesman, August 15, 2008...
In a decision that leaves the Save Our Springs Alliance at least temporarily vulnerable to collection efforts by creditors, a federal bankruptcy judge has dismissed an effort by the Austin environmental group to gain bankruptcy protection.
Save Our Springs Alliance, which developed a reputation for battling potentially environmentally harmful development in the Hill Country, declared bankruptcy in 2007 after it lost a pair of lawsuits against developers and was ordered to pay attorney fees totaling nearly $500,000.
Its repayment plan would have paid creditors pennies on the dollar while keeping it in business.
Read more...
In a decision that leaves the Save Our Springs Alliance at least temporarily vulnerable to collection efforts by creditors, a federal bankruptcy judge has dismissed an effort by the Austin environmental group to gain bankruptcy protection.
Save Our Springs Alliance, which developed a reputation for battling potentially environmentally harmful development in the Hill Country, declared bankruptcy in 2007 after it lost a pair of lawsuits against developers and was ordered to pay attorney fees totaling nearly $500,000.
Its repayment plan would have paid creditors pennies on the dollar while keeping it in business.
Read more...
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