Florida Housing Bondholders Agency May Fire Trustee

DeSue, Tedra
September 2002
Bond Buyer;9/13/2002, Vol. 341 Issue 31470, p3
Trade Publication
Reports the date due for the owners of bonds issued for the Escambia Housing Corp. to decide on the acceptance of SouthTrust Bank as trustee in Atlanta, Georgia. Amount of the issued revenue bonds; Claim against SouthTrust by the Progressive Management of America Inc.; Denial of the complaints raised by SouthTrust.


Related Articles

  • Bank, Perdido Housing Locked In War of Words Over Default. DeSue, Tedra // Bond Buyer;4/8/2002, Vol. 340 Issue 31360, p1 

    Reports the debate over the rights of SouthTrust Bank as trustee for Perdido Housing Corp. in the U.S. Failure of SouthTrust to pay the debt service to Perdido; Declaratory judgment hearing filed by SouthTrust; Statement regarding the payment provisions of the indenture by executive director...

  • Bondholders Remove SouthTrust as Trustee for 11 Florida Housing Issues. Sigo, Shelly // Bond Buyer;11/1/2002, Vol. 342 Issue 31504, p4 

    Reports that bondholders have removed SouthTrust Bank as trustee for 11 bond issues sold for nonprofit affordable housing projects in north Florida. Accusation against the bank by the housing corporations; Corporations that own the housing projects; Financial problems relating to the housing...

  • SouthTrust bank Quits as Trustee in Perdido Housing Case. DeSue, Tedra // Bond Buyer;6/10/2002, Vol. 340 Issue 31404, p3 

    Reports the removal of South Trust Bank as trustee for the revenue bonds of Perdido Housing Corp. and other housing operations in Florida. Dismissal of a declaratory judgment action request filed in November; Acquisition of issuer of necessary number of votes to replace the South Trusts; Reason...

  • SouthTrust: Building blocks. Reynolds, Rhonda // Black Enterprise;Oct95, Vol. 26 Issue 3, p54 

    Reports on the slow and steady growth of the Birmingham, Alabama-based SouthTrust Corp. Venture into other southeastern states; Hot spots for SouthTrust; Aggressive growth plan.

  • Moving images to PCS. Radigan, Joseph // U.S. Banker;Jan95, Vol. 105 Issue 1, p14 

    Reports that SouthTrust Corp. has bought a check-processing system based on client/server technology. Acceptance for this technology; Advantage over mainframes; Other banks that bought the equipment.

  • SouthTrust buying FFE Financial, a Fla. thrift.  // American Banker;11/15/1995, Vol. 160 Issue 221, p5 

    Reports on Birmingham, Alabama-based SouthTrust Corp.'s definitive agreement to acquire Englewood, Florida-based FFE Financial Corp.

  • SouthTrust unit to move.  // American Banker;1/4/94, Vol. 159 Issue 2, p5 

    Reports on move of SouthTrust Bank of Georgia's corporate headquarters to the One Georgia Center building in Atlanta. Total area of office space leased; Schedule of move; Bank as a unit of SouthTrust Corp.

  • SouthTrust: Stealth makes wealth. Hackney, Holt // FW;12/6/94, Vol. 163 Issue 25, p24 

    Features SouthTrust bank based in Birmingham, Alabama. Trading at only eight times 1995 estimated earnings; Earnings gains every year for the last two decades except for 1990.

  • SouthTrust's Ga. bank promotes retail chief to take over as president. Gillam, Carey // American Banker;5/29/1997, Vol. 162 Issue 102, p6 

    Reports that William H. Linginfelter has been appointed president and chief operating officer of SouthTrust Corp.'s Georgia bank. Surprise expressed by industry observers about the announcement; SouthTrust's plan to consolidate its Georgia bank; Linginfelter's background.


Read the Article


Sign out of this library

Other Topics