by Moe Bedard
Cage bought this Tudor mansion in Bel Air, Calif., in 1998 from Tom Jones for $6.47 million. The house, which Dean Martin owned before Jones, has six fireplaces, including one in a bathroom. Cage put it on the market at $30 million a year ago, but recently cut the price to $17.5 million. It is [...]
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by Evan Bedard
Dec. 23 (Bloomberg) — Harvey Miller, lead bankruptcy lawyer for Lehman Brothers Holdings Inc., says real estate bankruptcies may rise as lenders find they can no longer delay taking losses on their loans.
Miller, 76, a partner of Weil Gotshal & Manges LLP of New York, told Bloomberg Radio today that financial institutions are holding “huge [...]
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