Sovereign Fund's Uncontested $1.5B Bid Lands It MSR Assets

By Brian Mahoney · December 6, 2012, 5:44 PM EST

A Singapore sovereign wealth fund has emerged as the winning bidder for MSR Resort Golf Course LLC after no competing bidders came forward to best its $1.5 billion stalking horse bid...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Case Information

Case Title

MSR Resort Golf Course LLC

Case Number

Court

New York Southern

Nature of Suit

Date Filed

February 01, 2011

Recent Articles By Brian

September 12, 2014
Real Estate Developer Protests $11M IRS Disallowance
September 05, 2014
Cushman & Wakefield Buys Tax Advisory Firm Silver Oak
September 02, 2014
Calif. Retroactively Extends Mortgage Debt Tax Relief
September 02, 2014
Judge Tosses Gov't's Claim For Indemnity In $264M FCA Suit
August 25, 2014
Airbnb To Hand Info On 124 Hosts Over To NY AG
August 22, 2014
Fresno Developer Protests Tax Treatment Of $2.9M Gift
August 20, 2014
Mich. Appeals Court Remands 'Commercial' Tax Label Fight
August 11, 2014
IRS Loses Summary Judgment Bid In $33M Charitable Gift Row
July 31, 2014
County Can't Target Tribal Property In Tax Row: 2nd Circ.
July 31, 2014
Texas Developer's Estate Denies Owing $5.6M To IRS