City Crossing bankruptcy case dismissed

November 2008
Las Vegas Business Press (10712186);11/24/2008, Vol. 25 Issue 47, pP16
The article reports that U.S. Bankruptcy Court Judge Bruce Markell dismissed the bankruptcy case of City Crossing on November 12, 2008. Judge Markell dismissed this case after William Plise, the City Crossing project developer, refused to pay $647,000 in property taxes. According to the author, the entities that lent City Crossing an amount of $169.3 million in order to buy parcels next to the Henderson Executive Airport will be cut loose to proceed with foreclosure proceedings.


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