Glen Ivy Holdings Inc

Glen Ivy, the condominium time-share group under investigation for allegedly defrauding thousands of customers, filed for bankruptcy court liquidation Wednesday, temporarily thwarting a class-action suit filed by disgruntled investors. The Chapter 7 petition in U.S.

Three disgruntled time-share owners hired an attorney Thursday to ask the bankruptcy court to seize control of the management and mortgage subsidiaries of the embattled Glen Ivy time-share group, whose parent company filed for bankruptcy liquidation one day earlier. Attorney James Stang in Century City said he expects to ask U.S. Bankruptcy Judge Mitchel Goldberg to impose a Chapter 7 action against Glen Ivy Management Inc. and Glen Ivy Equity Mortgage Corp. by Monday.

Glen Ivy, the condominium time-share group under investigation for allegedly defrauding thousands of customers, filed for bankruptcy court liquidation Wednesday, temporarily thwarting a class-action suit filed by disgruntled investors. The Chapter 7 filing in U.S.

Glen Ivy, the condominium time-share group under investigation for allegedly defrauding thousands of customers, filed for bankruptcy court liquidation Wednesday, temporarily thwarting a class-action suit filed by disgruntled investors. The Chapter 7 filing in U.S.

Three disgruntled time-share owners hired an attorney Thursday to ask the bankruptcy court to seize control of the management and mortgage subsidiaries of the embattled Glen Ivy time-share group, whose parent company filed for bankruptcy liquidation one day earlier. Attorney James Stang in Century City said he expects to ask U.S. Bankruptcy Judge Mitchel Goldberg to impose a Chapter 7 action against Glen Ivy Management Inc. and Glen Ivy Equity Mortgage Corp. by Monday.

Ralph Mann, founder of Glen Ivy Resorts, has resigned as president and chief executive of the controversial time-share firm's parent, Glen Ivy Holdings Inc. Mann's resignation last week came just days before the company--already operating under a Dec. 30 court injunction--was slapped with a new state order barring it from selling time-share interests at its Lake Tahoe resort until it clears about $1 million in notes and mortgages on the properties. On Jan.

Ralph Mann, founder of Glen Ivy Resorts, has resigned as president and chief executive of the controversial time-share firm's parent, Glen Ivy Holdings Inc. Mann's resignation last week came just days before the company--already operating under a Dec. 30 court injunction--was slapped with a new state order barring it from selling time-share interests at its Lake Tahoe resort until it clears about $1 million in notes and mortgages on the properties. On Jan.

Glen Ivy, the condominium time-share group under investigation for allegedly defrauding thousands of customers, filed for bankruptcy court liquidation Wednesday, temporarily thwarting a class-action suit filed by disgruntled investors. The Chapter 7 petition in U.S.