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Las Vegas Review-Journal

Lucky Dragon developers want to sell via bankruptcy court
Las Vegas Review-Journal
A few people have even contacted a Las Vegas Review-Journal reporter to say they are interested in the boutique Chinese-themed hotel. Asked why lender Snow Covered Capital's obtained appraisal of $60 million was so much lower than his, Fonfa said: “It ...

Las Vegas Review-Journal

'Good interest' reported as judge clears way for Lucky Dragon bids
Las Vegas Review-Journal
... an appraisal that valued it at $60 million. Snow Covered Capital was owed almost $50 million when Fonfa, founder of ASF Realty & Investments, pushed the Lucky Dragon into bankruptcy. Contact Eli Segall at esegall@reviewjournal.com or 702-383-0342.

Houston Business Journal

Houston-area hospital to close, file for bankruptcy
Houston Business Journal
The developer of the hospital, which was appraised at $99.4 million in 2018, was Webster-based Medistar Corp., according to the Harris County Appraisal District. “The company continues to work with lenders on an orderly closing process, including the ...

and more »

Shawnee News Star

Bankruptcy proceedings: SGU court date passes uneventfully
Shawnee News Star
Yesterday, Chief United States Bankruptcy Judge for the Western District of Oklahoma Sarah Hall was scheduled to hear an amended motion by United States Trustee John Mashburn to use funds “which may constitute cash collateral.” The St. Gregory's ...

Santa Barbara Independent

La Casa de la Raza Bankruptcy Put at Risk
Santa Barbara Independent
La Casa hoped to place its East Montecito Street building on the market for $5.5 million, its bankruptcy attorney Eric Bensamochan told the judge, which is today's value compared to the 2016 appraisal of $2.2 million. The hearing was to approve an ...

Shawnee News Star

St. Gregory's University: Auctioneer hired by court in bankruptcy case
Shawnee News Star
In the court filing, the listed total value of SGU is $28,500,000 — according to an appraisal done just more than a year ago. The assets of the estate, in addition to the campus include certain mineral interests valued at $4,600,000, the court filing ...

Houston Business Journal

Houston energy co. files for bankruptcy protection to pursue restructuring plan
Houston Business Journal
It plans to acquire a marine 3-D seismic survey in Ghana later this year for appraisal-well drilling and development planning. “The company recently successfully drilled a discovery well in the Miocene formation in its offshore Nigeria licenses on a ...
Erin Energy Corporation Announces Restructuring Filing | Business ...Business Wire (press release)
Erin Energy Corporation Announces Restructuring FilingBOE Report (press release)

all 11 news articles »

New sidewalks, more planned for Texas-side tax zone
Texarkana Gazette
New sidewalks and drainage improvements are coming to South Cowhorn Creek Loop in Texarkana, Texas, thanks to a taxing structure that captures revenue for use in a specific area. The Texas-side City Council on May 14 approved spending more than ...

El Paso Times

El Paso billionaire Paul Foster, others make $6.2M in offers on Abraham buildings
El Paso Times
Five prominent El Paso businessmen, including Paul Foster and Miguel Fernandez, submitted $6.2 million in offers for 12 properties owned by William “Billy” Abraham in his bankruptcy cases. The offers on nine Downtown buildings and three properties in ...

Amendments to the Insolvency Restructuring and Foreclosure Procedures (Law No 7101)
Law No 7101 i) abolishes the postponement of bankruptcy procedures, ii) introduces a new composition procedure for insolvent companies and iii) improves secured creditors' rights in bankruptcy. Lifting of Postponement of Bankruptcy ... The composition ...

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