CNL Resort Affiliates File For Chapter 11 Bankruptcy | Press ...

SVWL and another regional association of savings banks, RSGV, which together own around 50% of WestLB, filed lawsuits against the European Commission. The savings banks argue that the commission's original deadline for selling WestImmo was too short, and could have resulted in a fire sale. .... Rather that attempt to boost sales in a depressed market, Holley said the company would "hold our most valuable real estate in such states as Florida and Georgia off the market." ...

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