Excerpt:
A bankruptcy judge has denied SunCal Co.'s request to block Lehman Brothers Holdings Inc. (LEHMQ) from closing a deal to buy back $1.5 billion in loans from affiliate Fenway Capital LLC pending an appeal.
The ruling by Judge...
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Added: Jun 17, 2010 at 5:39 PM
Excerpt:
Criminal charges may eventually be filed against the owners of a vacant lot turned illegal dump along Teal Club Road in Oxnard.
The problem is figuring out who is responsible for it.
The owner of the property claims it is in...
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Added: Jun 17, 2010 at 7:09 AM
Includes discussion of SunCal management meeting with Navy officials at the Pentagon.
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Added: Jun 16, 2010 at 7:59 AM
Also includes previous SunCal updates.
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Added: Jun 16, 2010 at 7:45 AM
Excerpt:
A 55,000-acre tract of land on the western edge of Albuquerque scheduled for development by Westland DevCo LP was placed in receivership based on the creditor's claims on the unpaid loan balance, a judge ruled from the bench last...
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Added: Jun 15, 2010 at 1:18 PM
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From Antioch to North Richmond to Redwood City, a slow rising sea level could endanger the properties of as many as 270,000 Bay Area residents and cause some $56.5 billion in damage by the end of the century unless measures are...
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Added: Jun 13, 2010 at 8:30 PM
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A new Muni bus line and additional ferries could shuttle commuters and day-trippers between a redeveloped Treasure Island and the mainland
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Added: Jun 11, 2010 at 12:53 PM
Excerpt:
So the developer has gone on the offensive, fighting to keep their plan for the Point alive by working to build support outside of City Hall. They’ve got until July 20, the day their exclusive agreement to strike a development deal...
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Added: Jun 10, 2010 at 6:41 AM
Excerpt:
The Navy is nearly finished removing and replacing radioactively contaminated storm drain lines that flow into Seaplane Lagoon, Councilman Frank Matarrese told the city council last Tuesday. Matarrese was highlighting the Alameda...
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Added: Jun 4, 2010 at 7:36 AM