Former accountant Lewis B. Freeman’s guilty plea to fraud raises the question of whether his reputation will be attacked in cases involving auditor BDO Seidman’s alleged role in the failure of E.S. Bankest.
You Can Recover From Bankruptcy and Bad Credit
Former accountant Lewis B. Freeman’s guilty plea to fraud raises the question of whether his reputation will be attacked in cases involving auditor BDO Seidman’s alleged role in the failure of E.S. Bankest.
Nearly two years to the day of the meeting to discuss the future of Pyramid’s properties, the liquidation of the company’s portfolio was completed with the sale of 49 acres of land in Jennings to Stacy Hastie on May 5. Hastie, CEO of Environmental Operations, was a former partner of Steffen’s.
As the possible resolution of the high-profile Everglades on the Bay condominium bankruptcy nears, some in the real estate community say the project’s sell-out pace and pricing have hampered the developer.
Bankrupt CD and DVD duplicating company Next Generation Media Inc. and its founder face a $30.3 million judgment as the company’s assets went on the auction block this week.
In Auburn, a parking garage stands unfinished, part of a hotel, water-park and shopping complex project that fell apart. In Snohomish County, land that was supposed to become a neighborhood lies empty.
Developer Lindsey McAlpine has put two holding companies for his mixed-use Prosperity Park development into Chapter 11 bankruptcy protection to stave off a foreclosure sale of the properties.
The chief judge of the bankruptcy court in Maryland will retire from a full-time role as of next March 31, as a way to ensure the court doesn’t lose his post.