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Rebuilt Hawaii town offers look at life after lava
PAHOA, Hawaii (AP) ? Ten miles from the Hawaii town of Pahoa that is being menaced by a stream of lava from Kilauea volcano, there's another community that was almost entirely swallowed by the molten rock nearly 30 years ago.

Guard troops sent to site of Hawaii lava flow
PAHOA, Hawaii (AP) ? The Hawaii National Guard is deploying troops to a rural Hawaii town as lava makes a slow crawl toward a major road and threatens to further isolate the community that got its start during the lumber and sugar-plantation heyday.

Hawaii volcano lava flow stalls
The lava flow has slowed, if not stalled altogether.

Rebuilt Hawaii town offers glimpse at life after lava
10 miles from town being menaced by stream of lava, there's another town that was almost swallowed by molten rock 30 years ago

Hawaii lava update: 100 feet from home, National Guard deployed
Gabrielle Levy PAHOA, Hawaii, Oct. 30 (UPI) -- The Hawaii National Guard will deploy 80 soldiers and airmen to help maintain calm as the threat of the Kilauea lava flow to Pahoa homes becomes imminent.

Hawaii lava flow: How much damage can it do?
Two homeowners in the Hawaiian village of Pahoa became the first to lost parts of their properties to the creeping river of lava flowing from the Big Island's Kilauea volcano.

Hawaii town shows how to live with lava
PAHOA, Hawaii (AP) ? Ten miles from the Hawaii town of Pahoa that is being menaced by a stream of lava from Kilauea volcano, there's another community that was almost entirely swallowed by the molten

National Guard arrives in Hawaii town threatened by lava
By Karin Stanton PAHOA Hawaii (Reuters) - National Guard troops arrived in a Hawaii town threatened by a slow-moving river of molten lava on Thursday, and were greeted with cheers by residents of the Big Island community where they are to provide security as the volcanic flow advances. The lava flow from the Kilauea volcano has been slithering toward the Big Island village of Pahoa for weeks ...

National Guard heads to Hawaii town threatened by river of lava
By Karin Stanton PAHOA Hawaii (Reuters) - A contingent of National Guard troops was dispatched to a Hawaii town on Thursday to provide security to the Big Island community threatened by a river of molten lava that is slowly creeping toward the town's main road, an emergency official said. The lava flow from the Kilauea volcano has been slithering toward the village of Pahoa for weeks and at last ...

Hawaii volcano: National Guard moves in as lava nears homes
The thick, fiery stream of lava oozing over eastern Hawaii is about to cross Pahoa's main street and could soon envelop over a dozen homes.

Wednesday, March 10, 2010

Celebrity Resort Files for Chapter 11 Bankruptcy Protection

March 09, 2010

Celebrity Resorts LLC and its affiliates have filed for Chapter 11 bankruptcy protection, listing tens of millions in estimated liabilities.

The Orlando-based time-share company listed just two unsecured creditors, International Escrow Services of Atlanta and Resort Condominiums International of Carmel, Ind. But about three dozen other filings, including Celebrity Resorts of Orlando LLC and Celebrity Resorts of Lake Buena Vista LLC, listed pages of additional creditors.

In the bankruptcy filings, the company's chief executive officer, Jared Myers, said he is owed $680,812 in unpaid compensation. A lawyer for the company could not be immediately reached for comment.

Celebrity Resorts began showing signs of distress as early as July 2008, when it announced it was cutting an unspecified number of jobs and eliminating an area of its marketing business that was unprofitable.

According to the time-share company's Web site, Celebrity Resorts has properties in 13 locations across the U.S. The company was formerly known as Resort World, a family-owned business that started selling time shares in the Caribbean in the 1970s and then in the Orlando area in the 1980s.

In August 2008, Celebrity purchased Quintus' interest at Hanalei Bay Resort in Kauai. Condo and timeshare owners at Hanalei Bay Resort soon became unhappy with Celebrity's management and began trying to oust them. Owners were sucussful in removing Celebrity as manager late last year by buying out their contract. Terms of that contract are undisclosed.

Celebrity still owns the restaurant and lounge at Hanalei Bay Resort.

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