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Bank of Hawaii Corporation First Quarter 2014 Financial Results
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The boy, who has not been identified, most likely survived the high-altitude flight - enduring extremely low temperatures and oxygen levels - because his body quickly went into a hibernation-like state, said doctors who have studied the effects of hypothermia and low oxygen. Reportedly missed motherThe boy, a student at Santa Clara High School, was unhappy living with his father, stepmother and ...

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Teen stowaway shows holes in vast airport security
KAHULUI, Hawaii (AP) ? Surveillance cameras at San Jose International Airport successfully captured the teenager on the tarmac, climbing up the landing gear of a jet. But in the end, the cameras failed because no one noticed the security breach until the plane ? and the boy ? landed in Hawaii.

Teen stowaway said to be homesick for Africa, didn't realize jet took him to Maui
HONOLULU, Hawaii - A security video shows the California boy who survived stowing away on a jetliner dangling his feet from the aircraft's wheel well after arriving in Hawaii, before jumping 8 to 10 feet to the ground and collapsing, an airport official says. The 15 year old, who defied the odds by living through the freezing, low-pressure conditions in the jetliner's wheel well as it flew from ...

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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