June 21, 2022
Real estate developer National Realty Investment Advisors received tenuous approval Tuesday for a series of private property sales from a New Jersey bankruptcy judge only after it agreed to segregate the sale proceeds until investors could review the deals.
June 14, 2022
Congress took action to permanently raise the debt limit for small business Chapter 11 cases, a former cryptocurrency investment firm executive can't ditch his own bankruptcy case, and a bankrupt hotel company asked to deny a $6 million fee request from its own attorneys. This is the week in bankruptcy.
June 09, 2022
National Realty Investment Advisors told a New Jersey bankruptcy judge Thursday that it intends to seek court approval to allow the debtor to continue to sell the residential properties it has already developed without having to seek permission for each individual transaction.
June 08, 2022
East Coast real estate investment and development firm National Realty Investment Advisors and affiliates filed for Chapter 11 protection in a New Jersey bankruptcy court, saying it needs a "breathing space" to avoid liquidation due to loss of investors.
June 08, 2022
East Coast real estate investment and development firm National Realty Investment Advisors and affiliates have filed for Chapter 11 protection in a New Jersey bankruptcy court with more than $500 million in liabilities.