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General Growth Properties retains Sidley Austin LLP in ‘advisory ... - Pacific Business NewsGeneral Growth Properties has hired one of the nation's largest law firms as it considers filing for bankruptcy protection. Chicago’s General Growth Properties Inc. (NYSE: GGP) said in a statement that it has hired international law firm Sidley ...
School for the blind starts visionary newsroom - Newark Star-LedgerEd Murray/The Star-Ledger Judy Ortman, interim executive director of the Concordia Learning Center, is interviewed by student Indigo Estevez from Newark for the school paper. There's a buzz in the newsroom of a New Jersey start-up newspaper, and not ...
Maui Pine's Cole stepping down as losses mount - Honolulu AdvertiserDavid Cole, who oversaw the downsizing of Maui Land & Pineapple Co.'s pineapple operations, is stepping down as the company's CEO and chairman at the end of the year. Cole's resignation from the $4.1 million-a-year post was disclosed yesterday after ...
Ka‘ahumanu’s owner mauled by retail, credit woes - Maui NewsCHICAGO (AP) - General Growth Properties Inc. shares plummeted Tuesday after the mall owner warned it faces solvency trouble and may be forced to file for bankruptcy if it can't refinance or extend nearly $1 billion in debt due next month. The real ...
Ala Moana Center owner may default on debt, file bankruptcy - Honolulu AdvertiserShares in General Growth Properties Inc., owner of Ala Moana Center and Ward Centers, plummeted yesterday after the company said it may file for bankruptcy if it can't refinance or extend nearly $1 billion in debt due next month. The nation's second ...
Ala Moana, Ward Centers owner facing bankruptcy - Honolulu Star-BulletinGeneral Growth Properties Inc. , owner of Ala Moana Center and Ward Centers in Hawaii, said yesterday it is facing the possibility of bankruptcy if it fails to refinance or extend nearly $1 billion in debt due next month. The real estate investment ...
General Growth stock tumbles - Pacific Business NewsGeneral Growth Properties Inc. , the Chicago real estate investment trust with several properties in Hawaii, saw the value of its stock hit a new 52-week low on Thursday. Shares of General Growth (NYSE: GGP) closed at $2.80 per share, down 8 percent ...
General Growth Properties may seek protection - Pacific Business NewsGeneral Growth Properties, owner of 200 malls nationwide, says it may be forced to seek protection from its creditors as it struggles to refinance debt, suggesting bankruptcy may be just ahead. The company’s stock tumbled as much as 70 percent in ...
Prince Kuhio Plaza owner risks default - Hawaii Tribune-HeraldCHICAGO -- General Growth Properties Inc. shares plummeted Tuesday after the mall owner warned it faces solvency trouble and may be forced to file for bankruptcy if it can't refinance or extend nearly $1 billion in debt due next month. The real ...
American Dream Sours as Housing Market Collapses - Common DreamsDENVER, Colo. - For Cathy Busby, May 1 marked a personal "Mayday!" as she was sucked into the housing crisis sweeping the United States. On Tuesday, she went into arrears on her mortgage after her monthly repayments soared by 40 per cent. The 47-year ...