KeyBank and Bank of America walked out of U.S. Bankruptcy Court in Florida this week with a large chunk of the assets of home-builder Levitt and Sons, which is winding down its operations under Chapter 11 protection. The bankruptcy judge granted motions by the builder to abandon property subject to liens held by two of its largest creditors. The company filed for bankruptcy after failing to restructure $339 million in debt held by five banks.
November 29, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
KeyBank and Bank of America walked out of U.S. Bankruptcy Court in Florida on Tuesday with a large chunk of the assets of home-builder Levitt and Sons, which is winding down its operations under Chapter 11 protection.
U.S. Bankruptcy Judge Raymond B. Ray in Fort Lauderdale granted motions by the builder to abandon property subject to liens held by two of its largest creditors.
Presented by BigVoodoo
Law firms & in-house legal departments with a presence in the middle east celebrate outstanding achievement within the profession.
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.
Atlanta s John Marshall Law School is seeking to hire one or more full-time, visiting Legal WritingInstructors to teach Legal Research, Anal...
Lower Manhattan firm seeks a premises liability litigator (i.e., depositions, SJ motions, and/or trials) with at least 3-6 years of experien...
U.S. District Court for the Northern District of CaliforniaThe current term of office for United States Magistrate Judge Susan van Keulen in...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
