Law360, New York (September 03, 2009) -- WCI Communities Inc. announced Thursday that it had emerged from Chapter 11 with $2 billion less debt and appointed five people from the financial and real estate industries to its new board of directors.
“This is a great accomplishment,” CEO David Fry said. “Now that we have successfully completed our financial restructuring, emerging from Chapter 11 with a rational capital structure and a strong...


