Bizjournals Green

A federal bankruptcy court judge has given permission to M&T Bank to sell the partially developed Hollander 95 Business Park in East Baltimore to collect nearly $14 million in unpaid debts.

Construction started recently on Arlington’s $94 million Long Bridge Park, but a pivotal land swap with an entity controlled by Monument Realty has yet to happen.

As the Memorial Tournament approaches, the landmark Dublin watering hole most associated with the professional golf event is facing closure – again.

A poor construction market has forced U.S. Concrete Inc. to file for Chapter 11 bankruptcy protection for purposes of forging a restructuring plan with the company’s debt holders in a Delaware court.

FairPoint Communications Inc. says it overstated its earnings by $21.8 million in the nine months before it filed for Chapter 11 protection from creditors last fall.

Milwaukee real estate investor Frank Giuffre is teaming up with Fiduciary Real Estate Development Inc. to bid for the high-profile bankrupt Park Lafayette condominium towers.

Bankruptcy filings through the first quarter in the Kansas City area show corporate reorganization activity remaining flat while consumer insolvency continues to rise.

Stark Investments and other bondholders of Six Flags Entertainment Corp. saw an investment opportunity after one-time events pushed the debt-laden company into bankruptcy, an attorney representing the group said.

The bankrupt Honolulu Medical Group has vacated its office at the Queen’s Physicians Office Building and its doctors have moved to a location a few blocks away on Ward Avenue.

Black Equities Group, a Beverly Hills, Calif., investment firm, has bought the former Circuit City building at 18701 E. 39th St. in Independence for $1.4 million.

Rainbows United Inc. will conduct a surplus auction next week on items the child-services organization no longer needs.

When it comes to the fight against foreclosures, the federally defined Durham metropolitan statistical area is faring better than the Triangle’s other MSA, Raleigh-Cary.

Amid the $139 million auction sale of the Philadelphia Inquirer and Daily News the question lingers: What’s next?

U.S. Concrete Inc. filed for Chapter 11 bankruptcy protection Thursday as part of a restructuring plan with bondholders aimed at cutting its debt by $272 million. (RMIX)

A group led by Milwaukee Forge Co. president and CEO Dave Mesick submitted the winning bid in a receivership auction for the old-line industrial firm.

Foreclosure rates are starting to drop for some of the worst-hit housing markets, but not in Houston, according to a new report from RealtyTrac.

The owner of the W Hotel in Boston filed for Chapter 11 bankruptcy protection Wednesday afternoon.

Highland Capital Management, a Dallas-based hedge fund, is buying out a Tennessee medical equipment provider company helping it go private and avoid bankruptcy.

Japan Airlines will cancel its Narita to Kona route in October as part of the bankrupt carrier’s reorganization plan announced Wednesday that includes the termination of 15 international routes. (AMR)

Minnesota's U.S. Attorney's office filed a restitution proposal Wednesday for the victims of Twin Cities businessman Tom Petters' $3.65 billion Ponzi scheme.