PWM Property Management LLC
Case Number:
1:21-bk-11445
Court:
Nature of Suit:
Firms
- Ashby & Geddes
- Cole Schotz
- DLA Piper
- Eversheds Sutherland
- Goulston & Storrs
- Hach & Rose LLP
- Jeffer Mangels
- Kasowitz Benson
- Kilpatrick Townsend
- Kirkland & Ellis
- Landis Rath
- Loeb & Loeb
- Mark L. Karno & Associates
- McCarter & English
- Morris James
- Morris Nichols
- Prickett Jones
- Richards Layton
- Saul Ewing
- Simpson Thacher
- Thompson Coburn
- White & Case
- Willkie Farr
- Young Conaway
Companies
Sectors & Industries:
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September 01, 2023
PWM Closes Bankruptcy Sale Of Chicago Office Tower
A 50-story office tower in Chicago's downtown Loop district was sold on Thursday, after it was tied up for nearly two years in a bankruptcy case.
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April 04, 2023
PWM Property Gets OK For Ch. 11 Plan For Chicago Tower
A Delaware bankruptcy judge Tuesday approved a plan to end the year-and-a-half-old Chapter 11 case of PWM Property Management LLC with a three-option bankruptcy plan over the objections of PWM's parent to the plan's treatment of a 50-story Chicago office tower.
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March 07, 2023
PWM Ch. 11 'Toggle' Plan For Chicago Tower OK'd In Del.
A Delaware bankruptcy judge on Tuesday approved supplemental disclosures covering a trio of options for a 50-story Chicago office tower lingering in Chapter 11 after settlement on a related New York high-rise, from loan modification to a 60-day sale effort or handoff to a receiver.
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December 02, 2022
Interest Rates Doom Lender, Crypto Winter Persists
Rising interest rates forced a reverse mortgage lender into Chapter 11, cryptocurrency platform BlockFi succumbed to the downfall of exchange FTX Trading, and FTX itself faced calls for an examination of its collapse. This is the week in bankruptcy.
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November 30, 2022
Lender Says Chicago Tower Owner Must End Ch. 11 Disputes
The mortgage lender for a Chicago office tower told a Delaware bankruptcy judge Wednesday it's tired of being held "hostage" in disputes between third parties in the building's Chapter 11 case and wants to see a reorganization plan by year's end.
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November 29, 2022
Del. Bankruptcy Judge Grants $24M In Fees In NY Tower Case
A Delaware federal judge has granted more than $24 million in fees to law firms and advisers after a bankruptcy plan was secured for the owner of a New York City office tower who is looking to restructure about $2.2 billion in debt.
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September 02, 2022
Sears, Boy Scouts Each Move Closer To Ch. 11 Resolutions
The yearslong dispute between Sears and its former CEO ended with a deal, the Boy Scouts of America took a giant leap toward confirmation, and crypto investment platform Celsius wants to release $56 million of digital assets. This is the week in bankruptcy.
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August 30, 2022
NY Office Tower's Ch. 11 Approved With Trimmed Releases
The owner of a Manhattan office tower received approval for its Chapter 11 plan of reorganization Tuesday after a New York judge said releases being granted to company insiders were too broad and ordered them pared down.
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July 21, 2022
Crypto Dominos Keep Falling, J&J Wants Talc Injunction
Another cryptocurrency player succumbs to marketwide distress, Johnson & Johnson's bankrupt talc unit seeks a pause of talc suits brought by state attorneys general and a $21 million settlement in the liquidation of defunct law firm LeClairRyan is drawing appeals from the bankruptcy watchdog. This is the week in bankruptcy.
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July 19, 2022
NYC, Chicago Tower Owner Gets Nod On Ch. 11 Disclosures
PWM Property Management LLC got a bankruptcy court's approval Tuesday to send its Chapter 11 plan to creditors for a vote after a scramble of last-minute changes resolved most objections and the promise that further issues could be raised at an Aug. 4 hearing appeased remaining skeptics.