Heyer Capital, LLC

investment management and timely advice from a local CPA (Fox Valley, Wisc.)

Archive for November 2008

Fox River Mall bankruptcy?

leave a comment »

General Growth Properties, Fox River Mall’s owner, may file bankruptcy.  The bottom line for Fox Valley readers:  use your GGP Gift Certificates immediately.  You do not want to be an unsecured creditor when a company goes through bankruptcy.   Also of concern is whether any municipalities have any skin in the mall. 
http://www.bloomberg.com/apps/news?pid=20601103&sid=a0zWa943Zf.U&refer=us 
http://online.wsj.com/article/SB122636946597216229.html?mod=googlenews_wsj 

Written by heyercapital

November 11, 2008 at 8:04 pm

Posted in Uncategorized