Asheville hotelier bankrupt after contractor lawsuits, unpaid $17 million and an empty hotel
An Asheville-based hotelier and politician filed for bankruptcy in early March as his company faces litigation from an asset management firm.
JD Supra5d
Revolution in Electronic Promissory Notes – Court Recognizes Digital Notes
A precedent-setting ruling has been issued in the case of Bizi Finance Ltd., in which the court was required to determine whether a promissory ...
GigaMedia purchases convertible note of Aeolus Robotics
GigaMedia (GIGM) announced that the company has entered into and executed an agreement to purchase a $2.6M principal amount of convertible ...
Asheville Citizen-Times2d
Asheville hotelier bankrupt after contractor lawsuits, unpaid $17 million and an empty hotel
Its incomplete status comes amid lawsuits claiming the developer missed payments to contractors and defaulted on a $17 million promissory note. On March 2, the developer of the property ...