Dallas Victory Park in danger of Default: German Financial Times.
Posted: under Society.
BREAKING NEWS:
According to the Dallas Morning News, the Financial Times is reporting that investors recently received a letter warning them developer Hillwood, the owner of the uptown Dallas development Victory Park may not be able to meet its financial obligations. Here is the story on the Dallas Morning News website. The First of the Few film
UPDATE: According to SMU professor William Maxwell, what’s going on is nothing more than a debtor going back to its lender and asking for a renegotiation Fast Times at Ridgemont High The Vikings trailer
“This is not unusual,†he added, “and you will see firms now doing this earlier on.†He asserted, “A lot of firms are trying to renegotiate their debt contracts. It doesn’t mean they’re going into bankruptcy.â€
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Written by Jean Valjean
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Mar 24 2009