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Published on 9/8/2008 in the Prospect News Distressed Debt Daily.

Lake at Las Vegas posts $1.21 million net loss for July 17 to July 31

By Caroline Salls

Pittsburgh, Sept. 8 - Lake at Las Vegas Joint Venture LLC reported a $1.21 million net loss for the period of July 17 to July 31 on a $448,128 revenue loss, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Nevada.

The company had $359,050 in cash and cash equivalents at July 31.

Lake at Las Vegas Joint Venture, LLC, a 3,592-acre master-planned residential and resort community, filed for bankruptcy on July 17. Its Chapter 11 case number is 08-17814.


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