Monitoring the economic pulse of the Triad
GREENSBORO MALL EMERGES FROM BANKRUPTCY
Four Seasons Town Centre, the signature Greensboro mall located near the intersection of High Point Road and Interstate 40, has emerged from bankruptcy, Chicago-based owner General Growth Properties announced on Monday. GGP-Four Seasons LLC was listed as one of the entities that have emerged from bankruptcy on the company’s website. Related to Four Seasons Town Centre’s emergence, General Growth Properties announced the completion of restructuring of 74 secured mortgage loans aggregating about $9.4 million.
NEW WINSTON-SALEM LAW FIRM LAUNCHED
Lawyers David Daggett and Griffis Shuler have announced the formation of Daggett Shuler, Attorneys at Law. The new law firm, which focuses on serious injuries, automobile accidents, workers’ compensation claims and social security disability, will operate its principal office at 2140 Country Club Road in Winston-Salem, according to a recent media release. The firm plans to leverage technology and new media to attract clients. “It’s not enough to operate a law firm weekdays 8 to 6 anymore,” Daggett said in a formal statement. “We want our team to be available to clients 24/7 and accessible in whatever way they want to contact us.” Daggett has completed more than 150 Triathlons, including 18 Ironman competitions. He was featured on an ESPN special that recently aired.
COMPANIES ASSOCIATED WITH CLEMMONS MALL OWE BACK TAXES
Several companies owned by Don Angell or members of his family operating at Meadowbrook Mall in Clemmons are the subject of federal tax liens for employee withholding for a total of $233,762, according to information compiled by the Triad Business Journal. The publication also reports that Angell has been hit by plaintiff Linda K. Doss with a money-owed suit in Forsyth County Court related to a promissory note. Angell could not be reached for comment.
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