General Growth to pay Hughes heirs $230 million
Published: September 20, 2010
Tags: Appleton, Chapter 11, Eau Claire, Fox River Mall, General Growth Properties, Howard Hughes Properties, Mayfair Mall, Oakwood Mall, Spinco, The Howard Hughes Corp., Wauwatosa
Chicago (AP) — General Growth Properties Inc. will pay $230 million to some of the heirs of moviemaker and aviation mogul Howard Hughes to settle a dispute over a Las Vegas development. The nation’s second-largest shopping mall operator, which is trying to emerge from Chapter 11 bankruptcy protection, will pay at least $10 million in [...]