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...
News
Wall Street Journal: Judge Clears Lehman To Close Fenway Deal Over SunCal Protest
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Added: Jun 17, 2010 at 5:39 PM
Ventura County Star: Ownership of illegal dump on Teal Club Road in dispute
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
Memo from City Manager to City Council regarding Status Report of Finalized Navy Term...
Includes discussion of SunCal management meeting with Navy officials at the Pentagon.
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Added: Jun 16, 2010 at 7:59 AM
SunCal Activity Since June, 1, 2010 [June 15, 2010]
Also includes previous SunCal updates.
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Added: Jun 16, 2010 at 7:45 AM
Albuquerque Journal: 'Financial Pipe Dream': Westland's Undeveloped West...
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
SunCal predevelopment expenditures [print date of June 8, 2010]
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Added: Jun 15, 2010 at 6:47 AM
San Mateo County Times: More Bay, less Area Sea level rise will threaten residents but...
Excerpt:
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
San Francisco Examiner: Treasure Island may get new Muni line
Excerpt:
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
The Island: With the clock ticking, SunCal races to repair image
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
Alameda Sun: Seaplane Lagoon Cleanup on Horizon
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