Debt due for Ritz Kapalua

Estate now seeks resort foreclosureBy HARRY EAGAR, Staff Writer In April 2009, the owners of The Ritz-Carlton, Kapalua defaulted on the loans they had taken out to rebuild the hotel in 2007. The amount owed, principal and interest, approached $300 million, but the lender, Lehman Brothers Holdings Inc., in bankrupty itself, did not press...

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