Bankruptcy sought for Canary Wharf

Article Abstract:

Olympia & York Developments on May 27, 1992, petitioned a British court for bankruptcy protection from creditors of the Olympia & York Canary Wharf office development in London, England. The petition was filed after Olympia & York could not obtain additional funding for Canary Wharf.

Publisher: Facts on File, Inc.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1992
Cases, Bankruptcy, Olympia and York Canary Wharf Ltd.

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Olympia & York plans restructuring

Article Abstract:

Olympia and York Developments, in Toronto, Ontario, has retained a new management team to guide the firm's debt-restructuring program and to negotiate with the company's major creditors. Former Olympia and York Pres Paul Reichmann has been replaced by Thomas Johnson.

Publisher: Facts on File, Inc.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1992
Management, Corporate reorganizations

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Olympia & York restructuring cleared

Article Abstract:

Olympia and York has received approval from a bankruptcy court to restructure its Canadian operations. The owners and founders of O&Y, the Reichmann family, must give control of the real estate company to a court-appointed administrator.

Publisher: Facts on File, Inc.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1993
Real estate developers, Reichmann, Paul, family

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Subjects list: Finance, Olympia and York Developments Ltd.
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