Puerto Rico's Debt Woes Are Conundrum for GOP – Wall Street Journal

Wall Street JournalPuerto Rico's Debt Woes Are Conundrum for GOPWall Street JournalFor now, the focus is on legislation introduced in the House that would grant the island's authorities the power to use chapter 9 of the U.S. Bankruptcy code to restructure their huge debt loads. The option is available to municipalities in the 50 …and more »

Lake Mary bank company files for Chapter 11 bankruptcy – Orlando Sentinel

Lake Mary bank company files for Chapter 11 bankruptcyOrlando SentinelThe holding company for the bank, Bankers' Bancorporation of Florida, filed for Chapter 11 bankruptcy Monday, in an effort to extinguish or renegotiate $7 million in debt. CEO James McKillop declined to comment on the bankruptcy or the sale plan. The …and more »

Condos — the last residential product to recover – Orlando Sentinel

Condos — the last residential product to recoverOrlando SentinelOverlooking the paddleboarders, skull boats and sailboats on Orlando's Lake Fairview, the Fairview Grande condominiums have attracted 120 buyers who signed purchase contracts during the last two years. Most of them, though, had to walk away … In …and more »

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