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Hammer blow for embattled Bathla Group
- Bathla Group failed to secure additional funding after its administrators exhausted short-term financing intended to complete projects.
- Construction stopped at 13 Bathla sites, and workers were stood down.
- Teneo Administrator Stephen Longley said the administrators would work with lenders to sell Bathla’s subdivision and land-bank sites.
- Bathla owes about $3.4 billion, leaving buyers worried about their deposits, including Sue Mancuso’s $32,500 payment.
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9 Articles
9 Articles
Coverage Details
Total News Sources9
Leaning Left4Leaning Right3Center2Last UpdatedBias Distribution45% Left
Bias Distribution
- 45% of the sources lean Left
45% Left
L 45%
C 22%
R 33%
Factuality
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