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Hawaii holds off East Carolina 75-73
ESTERO, Fla. (AP) -- Garrett Nevels scored 19 points and Aaron Valdes 15, and both grabbed nine rebounds, as Hawaii held off East Carolina 75-73 on Wednesday to win the fifth-place game at the Gulf Coast Showcase.

Hawaii holds off Marist 62-55
ESTERO, Fla. (AP) -- Garrett Nevels scored 18 points to lead Hawaii to a 62-55 win over Marist on Tuesday in the Gulf Coast Showcase.

Hawaii hospitals face cuts due to money shortfall
 Public hospital officials on Hawaii's Big Island say they may have to make catastrophic cuts if lawmakers don't approve more funding.

Hawaii beats UNLV on last-second TD throw, 37-35
HONOLULU (AP) -- Marcus Kemp caught a 20-yard touchdown pass from Ikaika Woolsey with no time remaining to lift Hawaii to a 37-35 win over UNLV Saturday.

Hawaii holds off Pittsburgh 74-70
MAUI, Hawaii (AP) -- Michael Thomas scored 12 points and hit back-to-back baskets - the second one a dunk - late in the game that pushed Hawaii into a slender final lead to beat Pittsburgh 74-70 Friday night.

Tigers beat Swords 74-60 in Maui
LAHAINA, Hawaii (AP) -- Missouri lost its first two games in Maui, lost a starter early to injury and fought foul trouble.

Researchers tracking tiger sharks in Hawaii after spate of attacks
Brooks Hays WAILUKU, Hawaii, Nov. 24 (UPI) -- In 2013, scientists began tagging and tracking Hawaiian tiger sharks to try to ascertain a change in behavior that might explain an uptick in attacks.

Christmas gift of unity at Hawaii Filipino center
WAIPAHU, Hawaii -- Filipino and non-Filipino community groups and individuals will gather together to share their knowledge and talents in a day filled with singing, dancing, crafts and cultural and public services exhibits at "Pasko sa FilCom," on Sunday, December 7 at the Filipino Community Center, from 3 to 7 p.m.   The FilCom Center celebrates the end of each year by holding its annualPasko ...

Hawaii Island furlough inmate fails to return after job-seeking
The inmate was scheduled to return at 2 p.m. after going on job interviews.

Lava Sets Home on Fire in Hawaii (Video)
A stream of lava from Hawaii's Kilauea volcano has been creeping toward a small town for months, and yesterday (Nov. 10), the molten rock finally ignited its first home. The empty house in the village of Pahoa was set ablaze just before noon local time (5 p.m. EST), according to the U.S. Kilauea volcano on Hawaii's Big Island has been continuously erupting for more than 30 years. It burned ...

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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