Industry NewsMarkets & Economy

WCI files Chapter 11 bankruptcy

Prudential Florida WCI not part of filing
Published on Aug 5, 2008

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by CareyBot

Florida-based luxury home builder WCI Communities Inc. and 130 subsidiaries have filed for Chapter 11 bankruptcy protection from creditors, the company said Monday, acknowledging that up to $1.8 billion in debt may soon be in default. The company’s Watermark real ...