Bankruptcy

Ritz-Carlton Fort Lauderdale Condo Association Bankruptcy

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The condo association that governs the Ritz-Carlton, Fort Lauderdale condo-hotel filed for bankruptcy after losing a legal fight with two hospitality investment giants. The Castillo Grand Hotel Condominium Residences Association (CGHCRA), which governs the condo-hotel units at the property, filed for Chapter 11 restructuring in U.S. Bankruptcy Court in Fort Lauderdale on Tuesday, the South … Read more

Dr. Phil Tried To File for Chapter 11 Bankruptcy for Media Startup—Despite $460 Million Fortune That Includes $39 Million Property Portfolio

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Dr. Phil Tried To File for Chapter 11 Bankruptcy for Media Startup—Despite $460 Million Fortune That Includes $39 Million Property Portfolio

Television legend Dr. Phil‘s attempt to file for Chapter 11 bankruptcy for his media startup, Merit Street Media, has been denied by a judge, who has ordered that he liquidate the fledgling company. The 75-year-old, whose full name is Phillip Calvin McGraw, filed for Chapter 11 for Merit Street in July, a move that would … Read more