January 11, 2018
An agreement by several lenders to pay $160 million to the trust for bankrupt builder Tousa Inc. to settle claims they owed $270 million was approved by a Florida bankruptcy judge Thursday.
January 04, 2018
A Florida bankruptcy judge gave his blessing Thursday for Greenberg Traurig LLP to pay $5 million to the liquidation trust for Tousa Inc. to settle potential claims related to the firm’s legal representation of the defunct homebuilder on an ill-fated acquisition that caused the company to topple.
August 01, 2013
A Florida bankruptcy judge on Thursday confirmed the Chapter 11 liquidation plan for Tousa Inc. despite objections from the U.S. trustee, ending the beleaguered homebuilder's protracted, five-year stay in bankruptcy.
July 31, 2013
Bankrupt homebuilder Tousa Inc. on Tuesday filed an amended Chapter 11 liquidation plan and asked a Florida bankruptcy court to approve the plan over the U.S. Trustee's objections.
June 20, 2013
A Florida bankruptcy judge on Thursday approved the disclosure statement for Tousa Inc.'s Chapter 11 liquidation plan, allowing the beleaguered homebuilder to inch toward exiting its lengthy and litigious bankruptcy case.
June 18, 2013
The U.S. Trustee's Office carped on homebuilder Tousa Inc.'s liquidation plans in Florida bankruptcy court Monday, saying that it's too vague about a number of issues, such as the payment of professional fees, including for the trustee himself.
June 10, 2013
Bankrupt homebuilder Tousa Inc. on Thursday asked a Florida bankruptcy judge to approve a settlement whereby its insurers will pay $67 million to end a lawsuit accusing Tousa's top brass of disregarding their duty to the company and its creditors.
May 16, 2013
Bankrupt Florida homebuilder Tousa Inc. on Thursday asked a Florida bankruptcy court to approve the disclosure statement for its liquidation plan, saying it has abandoned any hope of reorganization after enduring ongoing litigation and a difficult housing market.