Posted Jul 7, 2021, 2:36 AM
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Join Date: Feb 2005
Posts: 8,813
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Trouble at Trillist
https://www.bizjournals.com/atlanta/news/2021/07/06/scott-leventhal-chapter-11.html
Quote:
Atlanta real estate developer Scott Leventhal has filed for Chapter 11 bankruptcy reorganization.
Leventhal has been CEO of The Trillist Companies Inc., a real estate developer and property management firm.
The Trillist Companies, which is not a party to the bankruptcy filing, developed a 245-unit apartment project called Yoo on the Park, located on 13th Street near Piedmont Park. At the beginning of 2020, the company proposed a 46-story, 544-foot tower on a small parking lot between Peachtree Street and Crescent Avenue.
Leventhal has been entangled since February in a vicious legal battle in federal court in Miami with his business partner at Trillist, Joseph Kavana. Both are 50% owners of Trillist. Kavana served as the company's chairman, according to a court filing.
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