TITLE

City Crossing bankruptcy case dismissed

AUTHOR(S)
O'REILEY, TIM
PUB. DATE
November 2008
SOURCE
Las Vegas Business Press (10712186);11/24/2008, Vol. 25 Issue 47, pP16
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
35620049

 

Related Articles

  • A lingering question: Get a lawyer or stand alone? O'Reilly, Tim // Las Vegas Business Press (10712186);2/6/2012, Vol. 29 Issue 6, pP15 

    The article reports on the failure of architect Ken Small to prevent U.S. Bankruptcy Judge Bruce Markell for approving the sale out of bankruptcy of Mob Experience, a tourist attraction in Las Vegas, Nevada. Small's failure can be attributed to his decision for not hiring a lawyer to represent...

  • CITY CROSSED. O'Reiley, Tim // Las Vegas Business Press (10712186);12/29/2008, Vol. 25 Issue 52, pP8 

    The article focuses on the filing of Chapter 11 bankruptcy protection by developer William Plise in June 2008. The City Crossing project planned and set by Plise includes the development of homes, offices, retail and lodging. It is cited that the $169.3 million worth of loans were coming due...

  • Bankruptcy judge approves Prudential Americana plan. Edwards, John C. // Las Vegas Business Press (10712186);7/21/2008, Vol. 25 Issue 29, pP18 

    The article reports that the Prudential Americana Group in Southern Nevada was granted an approval of its reorganization plan by Bankruptcy Judge Bruce Markell. The entry notes that the real estate firm recovered from bankruptcy following expectations that it will expand its market share as...

  • Monorail bankruptcy already a bumpy ride. O'REILEY, TIM // Las Vegas Business Press (10712186);1/25/2010, Vol. 27 Issue 4, pP14 

    The article reports on the decision of the Las Vegas Monorail Co. to file for Chapter 11 bankruptcy as a mechanism to reduce its debt burden. A hearing is scheduled by U.S. Bankruptcy Court judge Bruce Markell on February 17, 2010 to determine whether the monorail fits the definition as a...

  • Contra Costa County, Calif., Wants Developers' Taxes. Williams, Rochelle // Bond Buyer;9/9/2002, Vol. 341 Issue 31467, p5 

    Reports the plan of the treasurer of Contra Costa County to file a claim in the U.S. Bankruptcy court. Security of the property taxes from the developers of Roddy Ranch master planned community and golf course; Decision of Jack Roddy and Wayne Pierce in filing a federal bankruptcy protection;...

  • Bankruptcy Bill Rate Cap Dropped. Floyd, Daniel F. // Bond Buyer;05/24/2000, Vol. 332 Issue 30898, p2 

    Reports on the removal of language that places a cap on the interest rates cities can charge corporations on delinquent property taxes in Chapter 11 bankruptcy cases. Single interest rate on delinquent taxes.

  • Detroit Hopes Appraisal Changes Spur Tax Base Growth. Colomer, Nora // Bond Buyer;1/26/2017, Vol. 1 Issue 34650, p1 

    A reappraisal of Detroit property taxes means that more than half of homeowners will see a reduction in taxes for the fourth year in a row, which could help the city's post-bankruptcy economic prospects as more property owners keep current.

  • Judge Tosses Plan for Las Vegas Monorail. Webster, Keeley // Bond Buyer;11/22/2011, Vol. 378 Issue 33620, p1 

    The article offers information on the rejection by U.S. Bankruptcy Court Judge Bruce Markell of Nevada on the amended reorganization plan of Las Vegas Monorail Co. (LVMC). It states that the judge rejected the plan because the company was not able to meet the requirement of feasibility of the...

  • Local Cook County Governments Face 'Unsustainable' Property Taxes. Devitt, Caitlin // Bond Buyer;3/14/2012, Vol. 379 Issue 33679, p6 

    The article reports on the unsustainable state of property tax in 2012 in Cook County, Illinois. It is warned by a public policy group in Chicago that local governments in the county are faced with bankruptcy if they continue to increase property taxes. It is said by the Heartland Institute that...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics