Tag: Nectar inc
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Creditor Alejandro Arguelles and Gatoralex Consulting LLC Calls Tzadik Refinancing Deal an Insider Move
RAPID CITY, S.D. — A contested deal to refinance a South Dakota apartment portfolio tied to Tzadik principal Adam Hendry was pushed back to September, after a judgment creditor formally objected to the deal and a broker separately asked the court to resolve a related deadline question, at a hearing Monday before Judge Mindy A.…
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Adam Hendry’s Personal Bankruptcy Administrator Claims Tzadik Rushmore Hotel Filing Was used to Dodge Him
Rapid City SD – The man Adam Hendry’s own confirmed bankruptcy plan put in charge of selling his real estate empire is now telling a federal judge that Hendry used a separate bankruptcy filing to cut him out of the process — and one of the properties at issue is a Rapid City hotel in…
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How Nectar, Inc. was Embedded in the Tzadik Collapse before a Rapid City Bankruptcy was even Filed
Rapid City SD – A complex web of corporate maneuvering is quietly determining the fate of Rapid City’s distressed apartment properties. As Tzadik Rapid City Portfolio I, LLC approaches a critical Aug. 31 bankruptcy hearing, a seemingly independent buyer has emerged to recapitalize the portfolio. But a paper trail — running from a press release…