Lawyer Central: Coastland Center owner in financial trouble

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Home >> Injury Central >> Commercial Bankruptcy Resources >> COASTLAND CENTER OWNER IN FINANCIAL TROUBLE

COASTLAND CENTER OWNER IN FINANCIAL TROUBLE

2008-11-17 10:02:09.353

The owner of Coastland Center mall is facing financial woes and may be forced to file for bankruptcy. In a filing with the U.S. Securities and Exchange Commission earlier this week, Chicago-based General Growth Properties Inc. said it has about $958 million in debt coming due Dec. 1 that it might not be able to pay off.

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