Court approves Seagaia rehabilitation plan+

Court approves Seagaia rehabilitation plan+

MIYAZAKI, Japan - Yasumasa Sato (R), the court-appointed administrator of Seagaia, speaks at a news conference Aug. 3 after the Miyazaki District Court approved a rehabilitation plan for the failed resort complex, paving the way for it to be reborn in September under the auspices of U.S. investment fund Ripplewood Holdings LLC.

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