US: Airport Fire Expands In Southern California, Destroys Homes 3

Airport Fire burning in Orange and Riverside Counties, Southern California has grown to more than 23,000 acres as of Wednesday morning, September 11. The fire injured at least seven people and destroyed homes.

Seagaia resort hotels make fresh start as Sheraton members

Seagaia resort hotels make fresh start as Sheraton members

MIYAZAKI, Japan - Michael Glennie, president of Phoenix Resort, operator of the Seagaia resort complex, speaks at a ceremony in Miyazaki on Jan. 10 to mark a fresh start for two hotels of the failed resort. Glennie said the two hotels will do business as Sheraton member hotels. Phoenix Resort is owned by U.S. investment company Ripplewood Holdings LLC, which purchased Seagaia for 16.2 billion yen last June after Phoenix Resort collapsed in February the same year with debts of 326.1 billion yen.

Seagaia resort group files for bankruptcy protection

Seagaia resort group files for bankruptcy protection

MIYAZAKI, Japan - A group of women visits Ocean Dome, part of the Seagaia resort complex in Miyazaki Prefecture, on Feb. 19. The complex is operated by the semipublic Phoenix Resort Ltd. which along with two Seagaia group firms filed for bankruptcy protection with the Miyazaki District Court the same day. A Seagaia group spokesman said the three companies' liabilities are estimated at 326.1 billion yen, making it the largest failure for a semipublic entity.

Seagaia resort hotels make fresh start as Sheraton members

Seagaia resort hotels make fresh start as Sheraton members

MIYAZAKI, Japan - Michael Glennie, president of Phoenix Resort, operator of the Seagaia resort complex, speaks at a ceremony in Miyazaki on Jan. 10 to mark a fresh start for two hotels of the failed resort. Glennie said the two hotels will do business as Sheraton member hotels. Phoenix Resort is owned by U.S. investment company Ripplewood Holdings LLC, which purchased Seagaia for 16.2 billion yen last June after Phoenix Resort collapsed in February the same year with debts of 326.1 billion yen.

Seagaia resort group files for bankruptcy protection

Seagaia resort group files for bankruptcy protection

MIYAZAKI, Japan - A group of women visits Ocean Dome, part of the Seagaia resort complex in Miyazaki Prefecture, on Feb. 19. The complex is operated by the semipublic Phoenix Resort Ltd. which along with two Seagaia group firms filed for bankruptcy protection with the Miyazaki District Court the same day. A Seagaia group spokesman said the three companies' liabilities are estimated at 326.1 billion yen, making it the largest failure for a semipublic entity.