Levitt and Sons debtor's Shelby County property sale approved

By Caroline Salls

Pittsburgh, June 20 - Levitt and Sons, LLC debtor Levitt and Sons of Shelby County, LLC obtained court approval of the $13.72 million sale of its property in Shelby County, Tenn., to Hyneman Cos. LLC, according to a Friday filing with the U.S. Bankruptcy Court for the Southern District of Florida.

Levitt said no other bids were received, so no auction was held.

The property includes 26.1 acres and 224 lots located in five subdivisions.

Levitt and Sons, a Fort Lauderdale, Fla.-based homebuilding subsidiary of Levitt Corp., filed for bankruptcy on Nov. 9, 2007. Its Chapter 11 case number is 07-19845.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.