A group of General Growth Properties Inc bondholders have asked their trustee to sue the mall owner for payment on their past-due bonds. The Wall Street Journal and Reuters have more.
Past links and stories:
- April 6, 2009, Strange Action on GGP Stock
- March 31, 2009, GGP Fails to Convince Bondholders, But Avoiding Bankruptcy For Now
- March 23, 2009, GGP Pushes for Another Extension
- March 20, 2009, Citigroup Moves to Foreclose on GGP Mall
- March 20, 2009, GGP’s Lenders Waive Default; REIT Asks for Further Forbearance
- March 10, 2009, GGP Asks for More Time
- March 3, 2009, GGP Reportedly Getting Bids for Properties
- Feb. 24, 2009, GGP Posts Gains But Drops Earnings Call and Estimates
- Feb. 20, 2009, GGP Bankruptcy Scenario
- Feb. 18, 2009, GGP Misses Payments
- Feb. 2, 2009, General Growth Gets Another Extension
- Jan. 5, 2009, GGP Switches Bankruptcy Advisors
- Dec. 30, 2008, GGP Signs Forebearance Agreement
- Dec. 19, 2008, GGP Puts Centers on the Block
- Dec. 18, 2008, General Growth Extension Comes Through
- Dec. 15, 2008, GGP “Continuing its Discussions with Lenders”
- Dec. 14, 2008, Breaking: GGP Refinances
- Dec. 5, 2008, Citi Plays Hardball With GGP
- Dec. 3, 2008, Centro, GGP Find Ways to Hang On
- Dec. 1, 2008, GGP Gets Two Week Extension
- Nov. 25, 2008, Ackman Builds Stake in GGP
- Nov. 20, 2008, General Growth Hires Bankruptcy Advisor
- Nov. 17, 2008, General Growth Downgraded; Feldman to Stop Filing Public Reports
- Nov. 12, 2008, General Growth Roundup
- Nov. 11, 2008, General Growth Warns of Default
- Nov. 5, 2008, GGP, Kimco Fall After Cutting Forecasts
- Nov. 2, 2008, General Growth “Almost Literally Worth Nothing”
- Oct. 17, 2008, Management Changes at GGP
- Oct. 15, 2008, Margin Calls Hit Two More Retail REITs
- Oct. 7, 2008, General Growth Near Bankruptcy?
- Oct. 3, 2008, General Growth CFO Steps Down; Company Suspends Dividend
- Oct. 2, 2008 GGP Under Fire for Inclusion on Short-Sell Ban List
- Oct. 1, 2008, Could General Growth Be Sold?
- Sept. 23, 2008, Short Selling Banned on General Growth
- Sept. 22, 2008, General Growth Strikes Back
- Sept. 16, 2008, General Growth Offers More Recourse
- Aug. 12, 2008, Another Look at GGP’s Debt
- Aug. 6, 2008, Analysis of GGP’s Debt
- July 25, 2008, Stories With Bigger Implications?
- July 14, 2008, GGP Lines Up New Financing
- April 16, 2008, GGP’s Growing Debt Problem