Spurned Suitor Tries To Block IBRC Retail Complex Deal

Law360, Wilmington (January 21, 2014, 3:44 PM EST) -- The developer whose bid for Channelside Bay Plaza had been spurned in May tried to block a settlement in Delaware bankruptcy court Monday in which Irish Bank Resolution Corp. would purportedly sell the depressed waterfront retail complex to the Tampa Port Authority.

Pushing for a bankruptcy auction instead, Liberty Channelside LLC argued that the court’s sole concern should be maximizing the value of the assets of IBRC, formerly known as Anglo Irish Bank, and that the court should thus allow Liberty a shot at buying the...
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