DBJ: Fort Worth Real Estate Firm Files for Bankruptcy
The Fort Worth company is represented by a solo attorney and lists assets ranging from $0 to $50,000 and debts ranging from $1,000,001 to $10,000,000.
Bill Hethcock of the Dallas Business Journal
DBJ: Adeptus Health’s Flawed Business Model, COVID-19 Contributed to Bankruptcy, Expert Says
The Irving-based operator of First Choice ER, the oldest and largest freestanding emergency-room network in the country, faces a rocky road to liquidation. Bill Hethcock of the Dallas Business Journal has the story.
DBJ: Mr. Cooper to Refund $73M to Home Mortgage Borrowers Dating to Nationstar Days
The nation's largest nonbank servicer of mortgage loans engaged in multiple illegal practices over a period of four years in the aftermath of the Great Recession, according to a complaint filed by the Consumer Financial Protection Bureau and 50 state attorneys general.
DBJ: Case Over $2B Frisco Development Could Drag for Years, Lawyer Says
The future of Frisco’s $2 billion Wade Park project could be more uncertain after a bankruptcy case containing fraud allegations was filed last week – and it could take years in court to untangle.
DBJ: Dallas Developer Prevails in Power Struggle at Possum Kingdom Lake Resort
The Dallas developer of an upscale golfing community on the shores of Possum Kingdom Lake was cleared Friday of wrongdoing and won’t have to pay millions of dollars in damages to resort property owners who claimed they were harmed by a slew of alleged misdeeds spread over 20-plus years. Bill Hethcock of the DBJ has been following the saga.
DBJ: Trial Starts in Struggle Between Property Owners, Dallas Developer
Is Dallas-based developer Mike Ward a shrewd, hardworking businessman who has made a few mistakes? Or is he a power-hungry conman who used illegal transfers to steal millions of dollars over 20-plus years from the Property Owners Association at The Cliffs Resort?
DBJ: Property Owners, Dallas Developer Battle on Shores of Possum Kingdom Lake
With the help of a deep-pocketed backer, property owners are duking it out with the owner of the resort, who says he has been unfairly targeted.