TITLE

California Developer Still Has Eyes on Bankrupt City's Assets

AUTHOR(S)
Finestone, Deborah
PUB. DATE
December 2001
SOURCE
Bond Buyer;12/27/2001, Vol. 338 Issue 31292, p44
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on a lawsuit filed by Desert Hot Springs in California under Chapter 9 of the U.S. Bankruptcy Code for protection of its assets from being seized by a housing developer Silver Sage Partnership owing multi-million dollar legal judgment. Possible approval of a tax measure for payment of the judgment; Issuance of debts for outstanding loans in the city; Overview of the Silver Sage housing project.
ACCESSION #
8635939

 

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