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Hawaii lawmakers agree to end police sex loophole
HONOLULU (AP) ? Hawaii lawmakers in both chambers agree that legal permission for police to have sex with prostitutes should end.

Hawaii lawmakers still at odds on minimum wage
Hawaii House members put forward a new minimum wage plan Thursday that would allow most employers in the state to take a longer time to increase wages. In the new proposal presented to a conference committee ...

Hawaii governor apologizes for questioning Inouye death-bed drama
Four days after questioning a death-bed letter at the center of Hawaii?s heated U.S. Senate race, Gov. Neil Abercrombie apologized to the widow of its ascribed author, the late Sen. Daniel Inouye, and others he offended. But he stuck to his key assertion Inouye told him the choice of a successor was his alone to make.

Proposed law would give Hawaii gov?t unprecedented emergency powers
Hawaii's governor and four county mayors may be granted unprecedented emergency powers during a crisis, such as a natural disaster or terrorist attack.

Hawaii scientists help NASA make astronomical find
Hawaii scientists have helped NASA researchers find a planet that is around the same size as Earth and is capable of harboring life.

Hawaii, Bali form sister state relationship
HONOLULU (AP) - Hawaii and the Indonesian province of Bali on Monday took a step toward forging closer ties by becoming sister states. Hawaii Gov. Neil Abercrombie signed documents establishing the relationship in his chambers at the state Capitol on Monday, saying both places are often defined by ...

Hawaii weighs expanded coverage for infertility
HONOLULU (AP) - Hawaii lawmakers are weighing whether insurance companies should be required to cover more treatments for infertility and to update a law that some say discriminates against unmarried women. The resolution (SCR 35) calls on the state auditor to study the social and economic impacts of ...

Hawaii from a hexacopter
The shots of the Hawaiian islands of Hawaii, Maui, Lanai, and Kauai were taken by Seattle-based photographer Jon Cornforth using a remote-controlled hexacopter.

Hawaii tsunami advisory prompted by earthquake off Chile
KAILUA-KONA, Hawaii (Reuters) - A tsunami advisory has been issued for Hawaii after an earthquake of magnitude 8.2 struck off the coast of Chile on Tuesday, but waves are not expected to flood inland areas in the U.S. state, officials said. The advisory level issued for Hawaii by the Pacific Tsunami Warning Center is less significant than a tsunami warning, which would be prompted by ...

Hawaii lawmakers brokering crime bill agree on ending loophole for police sex with prostitutes
HONOLULU ? Hawaii lawmakers in both chambers agree that legal permission for police to have sex with prostitutes should end. House and Senate members are still negotiating on the version of House Bill 1926 they will send to the governor.

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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