#chapter 11 bankruptcy

Regal Keauhou Stadium 7 in Kona on list to close due to Cineworld’s bankruptcy

Cineworld plans to reject the leases starting in February of 39 of its more than 500 Regal theaters across the United States, including the Keauhou Stadium 7 in Kona, as part of its Chapter 11 Bankruptcy.

Hilo Hattie Files for Chapter 11 Bankruptcy

Hilo Hattie has filed for Chapter 11 Bankruptcy protection just days after closing it’s Prince Kuhio Plaza location.

Wyland Partnership Buys Naniloa Resort for $5.2 Million

The famed whale artist teamed up with the former owner of Honolulu’s Aloha Tower to place the winning bid over Hilo native Peter Savio.

State, County Oppose Naniloa Lease Request

Problems at the Hilo resort range from financial to building and fire code violations that the county says present threats to public safety.

No More Extensions for Naniloa, Land Board Says

The Board of Land and Natural Resources declined to extend deadlines for an overdue lease payment or for reinstating a performance bond.

Land Board to Again Take Up Naniloa Debts

The Board of Land and Natural Resources is scheduled to discuss the resort’s failure to make another lease payment and to restore its performance bond.

Land Board Orders Naniloa to Restore $1 Million Bond

The Board of Land and Natural Resources took the action because of the hotel’s 2012 default on lease payments.