News Topic: Real Estate

Shawn Thew/European Pressphoto Agency The former RadioShack won court approval of the last major transactions of its bankruptcy case: more than $50 million worth of real estate in Texas, California and Marylan ... Read full article

Want to place a bet on two Chicago-area horse-racing tracks? Balmoral Park and Maywood Park are going up for sale as part of a deal to end a legal fight with Illinois riverboat casino operators. The casino operators won an $82 million judgment against the ... Read full article

The former owners of Lake Las Vegas, including two of Texas’ billionaire Bass brothers, paid $115 million last month to quietly settle a long-running lawsuit tied to the luxurious golf community and resort’s collapse into bankruptcy in 2008, according to ... Read full article

Earlier this year Maryland’s Community Law Center had its first victory under an updated law meant to stop bad behavior by the owners of blighted properties that refuse to clean them up. But late Tuesday night the progress in that effort hit a road ... Read full article

Mutual fund giant Franklin Templeton Investments is appealing a judge’s decision to allow the city of Stockton, Calif., to exit bankruptcy under a plan that pays Franklin-managed funds a fraction of the $37 million owed them but makes full payments for ... Read full article

Trump Entertainment As cash quickly runs out to keep Atlantic City’s Trump Taj Mahal Casino Resort open, a bankruptcy judge refused to sign off on the outlines of a bankruptcy-exit plan for owner Trump Enterta ... Read full article

The paper mill in Millinocket, Maine, which closed in 2008. Associated Press The closure of Great Northern Paper Co.’s paper mill in Maine and subsequent b ... Read full article

As mentioned in a recent blog post, the American Bankruptcy Institute has established a Commission to Study the Reform of Chapter 11 . A video of testimony before the Commission’s June 4, 2013 field hearing in New York is available below. ... Read full article

The American Bankruptcy Institute has established a Commission to Study the Reform of Chapter 11 . ... Read full article

Wayne Parry/Associated Press Fear of another bankruptcy for Atlantic City, N.J.’s Revel casino prompted a local casino workers’ union to do its own calculation of what a prospective buyer should be ... Read full article

Wayne Parry/Associated Press Fear of another bankruptcy for Atlantic City, N.J.’s Revel casino prompted a local casino workers’ union to do its own calculation of what a prospective buyer should be ... Read full article

A group of lawyers and marketing professionals had a tough nut to crack: how drum up interest in an abandoned power plant in Hawaii that can turn macadamia shells into energy. The lawyers are hoping that a multimillion-dollar offer comes in before today’s ... Read full article

A group of lawyers and marketing professionals had a tough nut to crack: how drum up interest in an abandoned power plant in Hawaii that can turn macadamia shells into energy. The lawyers are hoping that a multimillion-dollar offer comes in before today’s ... Read full article

Interest rates that remain near zero and debt maturities that have been pushed out to 2017 and 2018 have helped drive Chapter 11 filings to historic lows. Has this difficult environment put corporate restructuring on life support? ... Read full article

The Wall Street Journal reports on Energy Future Holdings Corp.’s preparation for a bankruptcy filing. Long Island, N.Y.’s, shut Long Beach Medical Center filed for Chapter 11 bankruptcy Wednesday to sell what remains of its assets after Hurricane Sandy ... Read full article

The Wall Street Journal reports on Energy Future Holdings Corp.’s preparation for a bankruptcy filing. Long Island, N.Y.’s, shut Long Beach Medical Center filed for Chapter 11 bankruptcy Wednesday to sell what remains of its assets after Hurricane Sandy ... Read full article

Associated Press This undated photo provided by Casa Casuarina, shows the pool of Casa Casuarina, the mansion once owned by by Italian designer Gianni Versace, in Miami Beach ... Read full article

Overseas Shipholding Group Inc. Monday said it may owe $460 million or more to the Internal Revenue Service, a finding that is likely to upset its Chapter 11 bankruptcy case. Read the Daily Bankruptcy Review article here . ... Read full article