February 20, 2014
The Chapter 11 trustee for Grubb & Ellis Co. filed an adversary suit Thursday in New York bankruptcy court seeking to claw back $650,000 that its former executive vice president fraudulently received in stock and paid time off before the petition was filed. (Correction: An earlier story incorrectly implied that the primary allegation against the defendant is fraudulent receipt of compensation. The error has been corrected.)
March 06, 2013
A New York bankruptcy judge on Wednesday signed off on commercial real estate services provider Grubb & Ellis Co.'s Chapter 11 liquidation plan almost a year after global brokerage BGC Partners Inc. closed its acquisition of most of Grubb & Ellis' assets.
October 05, 2012
Owners of a Durham, N.C., office complex reached a deal to pursue part of their more than $30 million suit against bankrupt Grubb & Ellis Co. over the alleged misrepresentation of the building and local real estate market, according to a stipulation approved Thursday.
March 28, 2012
More than 60 real estate brokers and nine Grubb & Ellis Co. executives on Tuesday said they planned to contest a bankruptcy judge's order authorizing BGC Partners Inc. to buy Grubb & Ellis, signed earlier that day.
March 27, 2012
Following a contentious legal battle between creditors of the bankrupt Grubb & Ellis Co. and its sole bidder in a Section 363 asset sale, a federal judge on Tuesday approved BGC Partners Inc.'s purchase of the foundering commercial real estate firm.
March 22, 2012
Bankrupt commercial real estate services provider Grubb & Ellis Co.'s proposed sale to stalking horse and sole bidder BGC Partners Inc. is in limbo after a judge declined Thursday to rule at the close of a contentious sale hearing.
March 13, 2012
Grubb & Ellis Co.'s unsecured creditors objected Thursday to the terms of the commercial real estate services provider's planned debtor-in-possession financing agreement with BGC Partners Inc., saying the deal favors BGC over any other potential bidders in the proposed Grubb & Ellis sale.
March 07, 2012
Commercial real estate services provider Grubb & Ellis Co.'s proposed sale to stalking-horse bidder BGC Partners Inc. appeared tentatively back on Wednesday after a New York bankruptcy judge agreed to sign off on heavily negotiated bidding procedures.
March 06, 2012
The fate of bankrupt commercial real estate services company Grubb & Ellis Co.'s proposed sale to stalking horse bidder BGC Partners Inc. hung in the balance Tuesday as the would-be sale parties and unsecured creditors failed for the second day to see eye to eye.