Reader comments: Settlement in SunCrest case proposed
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Attorneys | 8:52 a.m. Aug. 29, 2008
Of course the attorneys have arranged to get their full amount of fees first before anyone else gets some of the crumbs that are left.
The Geezer | 6:16 p.m. Aug. 29, 2008
Jennifer,
Thanks for the update.
While it helps a few unsecured creditors, it does nothing for the 1000+ homeowners who are stuck with an "impaired" property on the hill. Until the folks at Zions Bank spend a few bucks by opening the rec center and subsidizing the now-closed market, this development will continue to be tainted. We will see an exponential increase in for sale signs as the rest of the "underwater" homeowners step away from a poor investment.
Thanks for the update.
While it helps a few unsecured creditors, it does nothing for the 1000+ homeowners who are stuck with an "impaired" property on the hill. Until the folks at Zions Bank spend a few bucks by opening the rec center and subsidizing the now-closed market, this development will continue to be tainted. We will see an exponential increase in for sale signs as the rest of the "underwater" homeowners step away from a poor investment.
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