BRADENTON — The foreclosure sale of a downtown condominium building could be indefinitely postponed after one of the developers filed for personal bankruptcy, court records show.
More than four dozen units and the common areas of River Dance, 808 Third Ave. W., are scheduled to be auctioned July 6 to satisfy Wachovia Bank’s $9.58 million judgment against developer The Promenade at Riverwalk LLC and its two principals.
But the case now is on hold because Jan E. Smith, one of the principals, filed for Chapter 7 bankruptcy on Monday, court records show. Smith’s petition said he has up to $10 million in debts but $1 million or less in assets.
Easter Bunny hops into mall
BRADENTON — The Easter Bunny is hopping all the way to DeSoto Square mall and will arrive March 20 and stay until April 3. Everyone is invited to visit him in his springtime garden where professional photos will be available. Children also will receive a free gift.
For more information, call (941) 747-5868.
U.S. wine exports fall in 2009
SAN FRANCISCO — People worldwide are still buying U.S. wine in a tight economy, although exports were down in 2009 from 2008’s record-setting year.
U.S. wine exports dropped nearly 15 percent last year. The largest decrease — 21 percent — was in shipments to the European Union, which is the biggest importer of U.S. wines.
According to figures released Friday by the Wine Institute, increased shipments to Hong Kong and China helped offset the decline. The U.S. also overtook Chile as the largest bulk wine exporter to Japan, where U.S. imports were up 42 percent.
The total value of exported wine was nearly $912 million. That’s down from 2008 when the value of exports topped $1 billion for the first time.
— Herald staff reports
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