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Other debts are piling up that could make it harder to craft a solution favorable to holders of the affordable housing bonds, the trustee said.
October 1 -
The shuttered College of New Rochelle filed for Chapter 11 bankruptcy last week while it markets the Westchester County campus in an effort to pay off creditors.
September 25 -
Counting on transaction participants to file the UCC is like expecting the fox to guard the chicken coop.
September 23Mintz Levin -
After less than a year, the groundbreaking renewable-energy bond sale has run into problems, including several technical defaults.
September 10 -
The law firm representing the trustee for a $250 million student housing complex accused the University of Oklahoma of predatory behavior.
September 9 -
A commercial modular construction firm is interested in buying a bond-financed facility in a deal that would pay off the debt.
August 5 -
The two suburban affordable housing portfolios are owned by the Ohio-based Better Housing Foundation.
July 23 -
The goal of the 2018 Chapter 11 restructuring was to establish a capital structure supported by project revenues.
July 17 -
The impact of defaults by non-GO bonds was negligible to nonexistent on the ratings of GO bonds issued by the same local governments.
July 15 -
Without a successful appeal, Employees Retirement System bondholders won't get their bond payments during the bankruptcy.
June 28