![]() ![]() MINCO also has an investor services entity that operates as Bowdoin Capital LLC. MINCO has been an integral part of helping clients develop, lease and sell millions of square feet of property, including industrial space, healthcare facilities, corporate offices, multi-family housing and retail centers. For you 5 days 250,000 18 acres Grady County 640 sq ft 3 bd Minco. MINCO provides real estate and development services to every major group of participants in the real estate market and develop independent projects. MINCO is one of the biggest and most respected commercial real estate companies in the Merrimack Valley of Massachusetts. One-piece Steel & Aluminum Construction Adaptive insulation The house is suitable. That commitment has remained strong through the years and has been enhanced by the use of state-of-the-art technology and educational resources to keep ahead of industry trends. on the foundation of hard work, accuracy and a dedication to delivering the best service possible to clients. Hardest part of the job is coordination of labor between projects. ![]() I learned a lot in the field of construction for public works. Site Superintendent (Current Employee) - Gardena, CA - October 8, 2019. Rogue White Knights and Strategic Buyers of Distressed Debt (2007), 29 C.B.R.MINCO Development Corporation, doing business as MINCO Corporation and MINCO Commercial Real Estate, was established in 1982 by Louis P. Not a good salary but flexible working hours. ![]() This unique judgment, resulting from our creative and tenacious arguments, recognizes the inherent jurisdiction of Canadian insolvency courts to take into account the circumstances under which distressed debt is acquired in insolvency proceedings, especially where the purchaser pursues a hidden agenda, acts in bad faith or “ tramples on the rights and expectations of others”. The Court thus declared that the claim of the White Knight would be satisfied in full if it received an amount equivalent to what it had paid for the claims, rather than the substantially higher face value thereof. The Court maintained our motion and determined that the White Knight and its controlling shareholders were each a “ rogue white knight” that had turned on its benefactors (Minco and its shareholders) for its own Machiavellian purposes. Minco’s restructuring efforts would be doomed to failure if the White Knight could claim the full face value of all debt it had purchased at a substantial discount, so FFMP brought proceedings under article 12 of the CCAA to have the amount of the White Knight’s claim determined by the Court. The Quebec Superior Court (Commercial Division) (the “ Court”) concluded that the objective of the White Knight was thereafter to defeat Minco’s restructuring efforts and take the Sleb Property in payment. The White Knight also subsequently purchased claims of the mezzanine lender having a face value of approximately $14 million, for $800,000.īefore long, there was a falling out between the principals of Minco and the majority shareholder of the White Knight. To fund a plan of arrangement, complete construction and save the Sleb Property from the Bank’s Court-authorized marketing and sale process, Minco’s principals and their business associates formed a company (the “ White Knight”) that purchased all of the Bank’s claims, including the interim financing loan and the corresponding priority security created by court order, having a total face value of approximately $17.5 million, for $10.25 million. Minco obtained interim financing from its first-ranking lender, a Canadian chartered bank (the “ Bank”), which was not prepared to fund the completion of the project. Minco filed for court protection under the Companies’ Creditors Arrangement Act (the “ CCAA”) in November 2005 with debts of more than $32 million. (collectively “ Minco”), after a project in downtown Montreal (the “ Sleb Property”) fell behind schedule and over budget. We were retained by condominium developers Minco-Division Construction Inc. ![]()
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