Millions of dollars from the sale of the never-finished Palm House hotel-condominium in Palm Beach are finally being disbursed to claimants as part of a complex bankruptcy case involving foreign investors who lost money in the project.
Nearly nine months after the deed was recorded, proceeds from the sale of the beleaguered Palm House hotel-condominium property in Palm Beach this week were transferred from an escrow account for distribution to creditors approved by a U.S. bankruptcy court.
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