Bankruptcy
Jul. 9, 2013
Long-running Empire Lands bankruptcy case raises policy questions
More than five years after the initial paperwork was filed in the bankruptcy of real estate development group Empire Lands LLC, litigation on behalf of unsecured creditors continues as the trustee in the case seeks to recoup money.
Daily Journal Staff Writer
More than five years after the initial paperwork was filed in the bankruptcy of real estate development group Empire Lands LLC, litigation on behalf of unsecured creditors continues as the trustee in the case seeks to recoup money from several related entities and company executives.
Close to $100 million in claims have been dismissed already, though some $50 million to $100 million in potential recov...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In