Builder Levitt and Sons is redoubling its efforts to restructure bank debt and complete unfinished homes, its lead bankruptcy attorney said at the initial hearing for the company and 37 subsidiaries. Levitt and Sons filed for Chapter 11 protection last week, to become the biggest home-building casualty in the nations's worst housing slump in 16 years. The company is the inventor of the American subdivision, best known for its post-World War II Levittown communities in Long Island, N.Y., and Philadelphia.
November 15, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
The primary goals of home-builder Levitt and Sons in bankruptcy will be providing relief for buyers and vendors caught in the middle of its financial woes and maximizing the value of its assets, the company’s lead bankruptcy attorney said Tuesday.
Levitt and Sons, the inventor of the American subdivision, is redoubling its efforts to restructure bank debt and complete unfinished homes, company attorney Paul Singerman said at the initial bankruptcy hearing for the company and 37 subsidiaries.
Presented by BigVoodoo
The premier educational and networking event for employee benefits brokers and agents.
The Legal Intelligencer honors lawyers leaving a mark on the legal community in Pennsylvania and Delaware.
Consulting Magazine recognizes leaders in technology across three categories Leadership, Client Service and Innovation.
Atlanta s John Marshall Law School is seeking to hire one or more full-time, visiting Legal WritingInstructors to teach Legal Research, Anal...
Shipman is seeking an associate to join our Labor & Employment practice in our Hartford, New Haven, or Stamford office. Candidates shou...
Evergreen Trading is a media investment firm headquartered in NYC. We help brands achieve their goals by leveraging their unwanted assets to...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
