JACKSON, N.J. — The Jackson Zoning Board, under the legal advice of attorney Jean Cipriani, scored a victory against a contentious proposed high-density developent at Adventure Crossing. The decision is…
JACKSON, N.J. — Vito Cardinale, the principal developer of Adventure Crossing, has threatened to sue Jackson Township over an ordinance passed last year that blocks him from building 1,150 housing…
TOMS RIVER, NJ – Development has stalled at a large mixed-use urban style construction project in Downtown Toms River. The lawyers for Moshe Tress, a prominent Lakewood developer are accusing…
By David Carnevali (Reuters) -Drug maker Novartis AG is in advanced talks to acquire MorphoSys AG, a developer of cancer treatments that has a market value of 1.6 billion euros…
By Pritam Biswas (Reuters) -Cancer drug developer CG Oncology notched up a valuation of $1.75 billion in its market debut on Thursday, after its shares jumped 52.6% at the open,…
By Melanie Burton MELBOURNE (Reuters) -Chile’s SQM has teamed up with Australia’s richest person, Gina Rinehart, to make a sweetened A$1.7 billion ($1.14 billion) bid for Australian lithium developer Azure…
HONG KONG (Reuters) – Shares in Chinese property developer Shimao Group were flat on Friday after it issued a restructuring plan to reduce up to $7 billion in offshore debt,…
(Reuters) -Activist investor Engine Capital on Wednesday sent a letter to the board of cancer therapy developer 2seventy bio, urging a board refresh and the appointment of Chief Operating Officer…
LOS ANGELES – An Agoura Hills real estate developer was sentenced today to 41 months in federal prison for failing to disclose on a bankruptcy petition that he had earned…
Leading Offshore Wind Developer Pulls Plug On Two Projects Nick Pope on October 31, 2023 A major offshore wind developer announced that it is cancelling two major developments on Tuesday…
By Anna Tong and Krystal Hu ChatGPT maker OpenAI is expected to announce product enhancements that will make its AI models cheaper, with more functionality, in its first-ever developer conference…
NEW JERSEY, NJ – Governor Murphy pledged to initiate a legal fight against Danish wind farm developer Orsted after the company abruptly abandoned its Ocean Wind 1 project in New…
WASHINGTON – David Paitsel, 42, a former FBI agent, and Brian Bailey, 53, a D.C. real estate developer were sentenced today on bribery and…
HONG KONG (Reuters) – Struggling Chinese property developer Kaisa Group said creditors would get less than 5% of their money back if it is forced into liquidation, a lawyer for…
(Reuters) -Chinese developer Sunac China Holdings has filed for Chapter 15 protection from creditors in a U.S. bankruptcy court, court documents showed on Tuesday. The company sought protection under Chapter…
By Xie Yu HONG KONG (Reuters) – Embattled Chinese property developer Country Garden faces yet another liquidity test with Monday’s deadline to pay $15 million in interest linked to an…
(Reuters) -Albemarle, the world’s largest lithium producer, aims to close its buyout of junior Australian rival Liontown Resources by the middle of 2024, its chief executive said on Tuesday. Albemarle…
ATLANTIC CITY, NJ – Orsted, the company tasked by New Jersey Governor Phil Murphy saw its shares plummet today in a sign of bad news to come for the controversial…
HONG KONG (Reuters) – Chinese state-backed property developer China Vanke said its profit would be under pressure in the short term amid a market correction, but that would not hurt…
By Tom Sims FRANKFURT (Reuters) – A Munich-based property developer said on Friday it had filed to open insolvency proceedings with a local court, in the latest sign of stress…
(Reuters) – Ratings agency Moody’s on Thursday downgraded Chinese developer Country Garden’s corporate family rating (CFR) to Caa1 from B1, citing heightened liquidity and refinancing risk after the company missed…
HONG KONG (Reuters) – Chinese property developer Yuzhou Group rolled out a plan to restructure its debt after defaulting on dollar bond payments last year, sparking a short rally in…