Home » Colony Lender You are browsing entries tagged with “Colony Lender”

Colony appeals filed

Colony appeals filed

Unicorp argues that the Association Board plans to hold a meeting to “ram through a proposal” that is not legal.

September 27, 2015 | Posted in Major Headlines, Top Box | Read More »

Judge denies unit owners as Colony asset sale looms

Judge denies unit owners as Colony asset sale looms

‘I may be sympathetic to Unit Owners but I’m not here to protect them. This is a business decision and I don’t see any evidence of bad faith by Unicorp and I believe they are a qualified buyer.’ — U.S. Bankruptcy Court Judge Rodney May

August 29, 2015 | Posted in Major Headlines, Top Box | Read More »

Colony Lender faces court sanctions, vows appeal

Colony Lender faces court sanctions, vows appeal

‘I cringe every time I have to write another assessment check to pay largely for legal fees and insurance with seemingly no end in sight.’

March 16, 2015 | Posted in Major Headlines, Top Box | Read More »

Colony heads back to court

Colony heads back to court

Bankruptcy Judge Rodney May faces several key arguments and decisions this Tuesday that could alter the ongoing Colony Resort ownership battle.

March 16, 2015 | Posted in Major Headlines, Top Box | Read More »

As Colony saga drones on, principal parties speak out

As Colony saga drones on, principal parties speak out

Court battles, appeals and eventually consolidation mark the future of the waterfront property that has lay dormant for five years.

January 12, 2015 | Posted in Business, Major Headlines, Top Box | Read More »

Year in Review 2014: Colony Lender, Unicorp control 2.3 acres and key assets; $23 million ruling hangs in balance

Year in Review 2014: Colony Lender, Unicorp control 2.3 acres and key assets; $23 million ruling hangs in balance

Although 2014 saw no resolution to the myriad of complex legal battles that would allow the Colony Beach and Tennis Resort to redevelop, there was progress on several fronts. On July 14, 2014, several critical assets, namely 2.3 acres that comprise the tennis courts and recreational amenities, were acquired by Colony Lender in agreement with […]

January 6, 2015 | Posted in Major Headlines, Top Box | Read More »

Town Attorney says Colony ownership issues years from resolution

Town Attorney says Colony ownership issues years from resolution

The Town Attorney’s office compiled a complete overview of all of the ongoing Colony litigation, bankruptcy and foreclosure proceedings. The Town Attorney said it is difficult to speculate on what will happen next or when all of the litigation will be resolved as the various parties in these actions have clearly diverging objectives and litigation strategies.

October 5, 2014 | Posted in Business, Major Headlines, Real Estate, Top Box | Read More »

Colony Unit owners sued for $5 million in Sarasota County Circuit Court; Complete suit posted

Colony Unit owners sued for $5 million in Sarasota County Circuit Court; Complete suit posted

Colony Lender filed suit against each and every Colony Resort unit owner to collect more than $5 million it says is owed for back rent and interest on the recreational facilities it owns.

September 17, 2014 | Posted in Major Headlines, Top Box | Read More »

Town permits Colony unit owners to renovate; owner says more to come

Town permits Colony unit owners to renovate; owner says more to come

‘Once we get out units fixed up we will take immediate steps to turn the water and sewer back on so that a number of units will be habitable as soon as possible. We are confident that the Town will not stand in our way.’

August 31, 2014 | Posted in Major Headlines, Top Box | Read More »

Court: Colony Lender can continue collecting, $23 million auction pending

Court: Colony Lender can continue collecting, $23 million auction pending

The judge also said he will soon schedule auction of $23 million judgement.

August 24, 2014 | Posted in Major Headlines, Top Box | Read More »