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2008-11-25 — dailybusinessreview.com
No way! Bankruptcy can actually help a company? This is great news! Could someone pass this on to Hank and company?
The project filed for Chapter 11 bankruptcy protection from its creditors in January 2002. Just more than $69 million was paid to the creditors, including nearly $58 million to Union Planters Bank, whose foreclosure on the property sparked the reorganization.
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