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Specializing in insolvency and complex commercial matters since 1974

Bankruptcy Court Confirms Chapter 11 Plan For Tampa Channelside Condominium Project- October 1, 2008

On October 1, 2008, the United States Bankruptcy Court for the Middle District of Florida entered an order confirming the plan of reorganization of Towers of Channelside, LLC. The Debtor had filed for Chapter 11 protection in February 2008. The plan featured a restructuring of obligations to a bank group led by Wachovia Bank, which was owed approximately $58 million on the petition date, and to unsecured creditors with claims of approximately $32 million. Harley E. Riedel and Edward J. Peterson led the firm’s representation in this case. Read more in: