Jonathan Randles

1 week ago | news.bloombergtax.com | Jonathan Randles |Erin Hudson

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1 week ago | news.bloomberglaw.com | Jonathan Randles

Bankrupt aquatic parks operator The Dolphin Company has closed its Gulf World Marine Park in Florida following the premature death of a fifth bottle-nose dolphin in the past eight months, the company said Friday in a statement. A dolphin named Samira died unexpectedly earlier this week at Gulf World, which is under state investigation for potential animal abuse. A dolphin named Jett died from acute head on March 1 and three other dolphins died at Gulf World in October.

1 week ago | news.bloomberglaw.com | Jonathan Randles |Erin Hudson

Parents supporting a financially distressed private school in Manhattan’s Upper West Side are being forced to make emergency donations to cover payroll and avoid an immediate shutdown after a Canadian businessman who was recently installed as board chairman declined to advance funds through his foundation.

1 week ago | news.bloombergtax.com | Jonathan Randles |Steven Church

A portfolio of rent-stabilized New York City apartments owned by Joel Wiener was pushed into bankruptcy by “sky-rocketed” interest rates and changes to state housing law that restricted the property owners’ ability to increase rent on tenants, according to court papers. Dozens of properties managed by Wiener’s Pinnacle Group were put into Chapter 11 last week, saddled with roughly $564 million in mortgage debt and facing foreclosure actions from its primary lender, Flagstar Bank.

1 week ago | news.bloomberglaw.com | Jonathan Randles |Steven Church

A portfolio of rent-stabilized New York City apartments owned by Joel Wiener was pushed into bankruptcy by “sky-rocketed” interest rates and changes to state housing law that restricted the property owners’ ability to increase rent on tenants, according to court papers. Dozens of properties managed by Wiener’s Pinnacle Group were put into Chapter 11 last week, saddled with roughly $564 million in mortgage debt and facing foreclosure actions from its primary lender, Flagstar Bank.