Creditor Fails To Thwart Developer's Future Bankruptcy Filings

Law360, Miami (April 22, 2013, 8:57 PM EDT) -- A Florida bankruptcy judge on Monday told a creditor holding an $18 million foreclosure judgment on a downtown Miami property to proceed with a sale, but refused to bar the developer who owned the parcel from filing another bankruptcy that could stall the sale.

U.S. Bankruptcy Judge Laurel M. Isicoff declined creditor Sharon Christenbury's request to prevent developer Renzo Renzi — who the creditor described as a serial bankruptcy filer — from putting a second of the three companies involved in the foreclosure into bankruptcy to...
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