TITLE

For Silverleaf: Likely No New Leaf Turning: Time-share Operator Will Likely Default on $75 Million in Junk

AUTHOR(S)
Roberts, Ricardo
PUB. DATE
March 2001
SOURCE
Mergers & Acquisitions Report;3/12/2001, Vol. 14 Issue 11, pN.PAG
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Reports on the possible filing of a prepackaged bankruptcy plan by Dallas, Texas-based time-share operator company Silverleaf Resorts Inc., due to its weak financial condition. Debt obligation of Silverleaf; Reasons behind the possible closure of sales and marketing operations of the company; Level of apprehension shown by other companies in purchasing the assets of Silverleaf.
ACCESSION #
9320304

 

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