Developer says plan is ‘liquidation’ in second day of Lake District bankruptcy case
The Lake District has faced several financial hurdles, including foreclosures, delays, rising materials costs and unfulfilled tenants. (Brad Vest/The Daily Memphian file)
Testimony continued for a second day in U.S. Bankruptcy Court for the financially strapped The Lake District mixed-use development in Lakeland.
Topics
Lakeland The Lake District Yahuda Netanel bankruptcy TIG Rompsen U.S. Master Mortgage Subscriber OnlyThank you for supporting local journalism.
Subscribers to The Daily Memphian help fund our not-for-profit newsroom of nearly 40 local journalists plus more than 20 freelancers, all of whom work around the clock to cover the issues impacting our community. Subscriptions - and donations - also help fund our community access programs which provide free access to K-12 schools, community organizations, and more. Thank you for making our work possible.
Michael Waddell
Michael Waddell is a native Memphian with more than 20 years of professional writing and editorial experience, working most recently with The Daily News and High Ground News.
Want to comment on our stories or respond to others? Join the conversation by subscribing now. Only paid subscribers can add their thoughts or upvote/downvote comments. Our commenting policy can be viewed here.