General Growth cleared to exit bankruptcy
General Growth Properties Inc’s reorganization plan was approved on Thursday, paving the way for the mall operator to exit bankruptcy a year and a half after it was brought to its knees under billions in debt it could not refinance.
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General Growth Plan Approval Resolves Biggest U.S. Real Estate Bankruptcy
General Growth Properties Inc. , the second-largest mall owner in the U.S., won court approval of the last stage of its restructuring plan, a year and a half after filing the biggest real estate bankruptcy in U.S. history.
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Ratings Recap: Western General, Lumbermen’s, AttPro RRG, Aspen Specialty, ILM Group
A.M. Best Co. has affirmed the financial strength rating of ‘B++’ (Good) and the issuer credit rating (ICR) of “bbb+” of Western General Insurance Company. Best indicated that, although the …
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General manager not new to special districts
The “new” general manager at Nipomo Community Services District is no newcomer to the type of major projects already under way. Don Spagnolo spent years working on water and wastewater projects not only as a consultant but also for cities in Southern California and the Central Coast.
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