PWM Property Management LLC

  1. July 14, 2022

    SL Green Gets OK To Submit Stalking Horse Bid On NY Tower

    A Delaware bankruptcy judge Thursday gave an affiliate of SL Green Realty Corp. the go-ahead to submit a stalking horse bid worth about $2 billion in the Chapter 11 auction of a 44-story New York City office tower.

  2. July 13, 2022

    Crypto Issues Grow, Mediation Over Abuse OK'd In Ch. 11

    Liquidators were cleared to take discovery from the founders of foundering Three Arrows Capital, account holders of cryptocurrency broker Voyager Digital hold out hope for recovery, and mediation of sex abuse claims in the case of a New York youth club was approved. This is the week in bankruptcy.

  3. May 25, 2022

    China's HNA Group On Hook For $184M Skyscraper Award

    Affiliates of New York commercial office space giant SL Green Realty Corp. are owed $184.5 million by failing Chinese conglomerate HNA Group International Ltd. over an investment in a bankrupt New York office tower SL Green invested in several years ago.

  4. March 24, 2022

    Bankruptcy Court To NYC Office Tower Owner: 'Get Moving'

    The bankrupt owner of two luxury office towers in New York and Chicago won a four-month extension to file its Chapter 11 plan Thursday, but it came with a warning from a Delaware bankruptcy judge to pick up the pace.

  5. March 18, 2022

    Office Tower Owner PWM Fights Creditor Effort At Ch. 11 Plan

    The bankrupt owner of two luxury office towers in New York and Chicago has objected to an attempt by battling creditors to file their own Chapter 11 plan under seal in the debtor's case, calling the move a "stunt" that will endanger the debtor's efforts to maximize the value of its property.