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Saturday, November 2, 2024

bankruptcy

Diamond Resorts may buy out ILX

Sedona’s Los Abrigados Resort & Spa may soon be under new management if an acquisition offer for ILX Resorts by Diamond Resorts Corp. is approved by the Securities and Exchange Commission. In an offer filed with the SEC on Jan....

Grocery’s shoppers show their support

The Sedona Bashas’ and two other Verde Valley locations will stay open despite Bashas’ Supermarket recently filing Chapter 11 bankruptcy. Bashas’ voluntarily filed Chapter 11 reorganization under the U.S. Bankruptcy Code on Sunday, July 12, President and Chief Operating...

ILX files Chapter 11

One of Sedona's largest private employers  filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code today, March 2, ILX Resorts Chief Financial Officer Margaret Eardley announced.     The filing came after ILX, a...

AG pleads homeowners case

Attorney General Terry Goddard, along with the attorneys general of 21 other states and the District of Columbia, sent a letter to U.S. House and Senate Leadership advocating an amendment to the U.S. Bankruptcy Code to permit Federal Bankruptcy...

Empire Land Co. bankruptcy confirmed

Empire Companies, the developer of the unfinished Mountain Gate subdivision in Clarkdale, filled for bankruptcy April 25, according to Riverside Divisional Office of U.S. Bankruptcy court in California. Construction on the community halted...

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Hobbs, USFS sign fire risk meeting plan

Arizona Gov. Katie Hobbs signed a non-binding Shared Stewardship Agreement with the federal government on Thursday, Oct. 10,...

Halloween comes to Uptown

It’ll be a thrilling Halloween extravaganza as darkness falls on Uptown with the city of Sedona Parks and Recreation...
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