David Mclaughlin
Banks await foreclosure deal’s financial terms as states split
NEW YORK - Attorneys general negotiating the settlement of a nationwide foreclosure investigation have yet to approach banks with a proposed dollar amount that...
Foreclosure probe talks said to yield some agreements with banks
NEW YORK - Attorneys general negotiating a settlement of a 50-state investigation of foreclosure practices have reached agreements with lenders on some terms while...
Bank foreclosure deal shouldn’t end state probes, New York says
NEW YORK - The resolution of a 50-state probe of foreclosure practices shouldn’t block individual states from investigating the mortgage-servicing industry, according to the...
Bank of America asks judge to throw out loan modification case
NEW YORK - Bank of America Corp., accused in a lawsuit of violating obligations to homeowners seeking to modify mortgage loans and avoid foreclosure,...
General Growth seeks to deny lenders’ interest claim
NEW YORK - General Growth Properties Inc., the mall owner that reorganized in bankruptcy, sought a court order denying a claim from lenders led...
MGM Studios wins court approval of plan to reorganize under Spyglass,...
NEW YORK - Metro-Goldwyn-Mayer Studios Inc., distributor of James Bond and Rocky films, won a judge’s approval on Thursday to reorganize under the management...
General Growth bankruptcy wins court approval of restructuring plan
NEW York - General Growth Properties Inc., the second-largest mall owner in the U.S. and the parent company of Providence Place mall, won court...
General Growth proceeds with stock offering plan
NEW YORK - General Growth Properties Inc., the parent company of Providence Place mall and the second-largest mall owner in the U.S., won...
General Growth plan moves ahead as creditors protest unequal treatment
NEW YORK - General Growth Properties Inc., the second-largest mall owner in the U.S., as well as owner of Providence Place and the Silver...
Blackstone to invest $500M in General Growth as SEC reviews insider...
NEW YORK – Blackstone Group LP, the world’s largest buyout firm, agreed to invest $500 million in General Growth Properties Inc. as part of...
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