3ten Austin City Limits Live
"...Three months later, according to the timeline, a partnership called Phoenix Holdings was formed to acquire the remaining undeveloped residential properties at Circle C, which had been picked up and held by Freeport-McMoRan another prominent player in Austin's development battles when Bradley's development company went bankrupt. Phoenix Holdings was initially owned by three key Bradley associates: Hamid Noshirvani, Vahid Noshirvani, and Grant Gomez..."
"...Bradley's most recent legal tussles stem from a 1995 land deal in which Bradley, after losing control of Circle C to developer Freeport-McMoRan, met with Freeport chairman Jim Bob Moffett and agreed to buy the residential part of the development. Bradley agreed that his company, Phoenix Holdings, would purchase the property from Freeport's Circle C Land Corporation (CCLC) for $18 million..."
"...June: Freeport-McMoRan transfers its real-estate holdings to a new subsidiary, FM Properties...."
"...v. Phoenix Holdings Ltd..."
"...v. Phoenix Holdings, Ltd..."
"...Circle C, in its various manifestations -- as Phoenix Holdings, FM Properties, Circle C Land Corporation, Circle C MUDs, and the Circle C Homeowners Association -- was already involved in no less than four lawsuits against the city over everything from the Save Our Springs water quality ordinance to challenges on the constitutionality of Circle C's self-made Southwest Travis County Water District. By Friday, the new lawsuits were starting up...."
"...The two entities that would be most affected by the annexation are FMP, the New Orleans-based subsidiary of mining conglomerate Freeport-McMoRan, and Phoenix Holdings, the Austin-based company that Bradley heads. FMP owns the commercial property at Circle C; Phoenix owns the residential portion..."
"...The court found that most of the trust's assets should go to creditors, including the big daddy of the bunch, Phoenix Holdings, a real estate entity that controls hundreds of acres of undeveloped property in Southwest Austin. A good portion of the property has recently been sold, which presents just one more hurdle for creditors to clear before they can claim victory..."
"...The trial is expected to continue through next week. Based on Ikard's line of questioning early on, the attorney is focusing on key business entities connected with the trust, namely Phoenix Holdings, Streetman Homes, and a prime piece of property in Buda known as the A&M tract...."
"...Donovan noted that two board members, Hoover and Steve Bartlett, were listed as employees of two companies (Alien Inc. and Phoenix Holdings, both formerly owned by Bradley) that billed the HOA for more than $500,000...."
"...But Wentworth's bill provided almost no guidance in how these zones should be governed. In its wake, some of the largest private landowners in the Austin area, including New Orleans-based FM Properties and Gary Bradley's Phoenix Holdings, formed water quality zones..."
"...Let's start with the fat cats. For the purposes of this brief overview, all you need to know is that FM Properties, a subsidiary of Freeport-McMoRan and Jim Bob Moffett, owns Circle C's commercial property, and Gary Bradley of Bradley Development (along with several other investors in a company called Phoenix Holdings) owns Circle C's residential property..."
"...Bradley alleges "The Firm" failed to follow his instructions when it drew up the papers in the Circle C land transaction. Bradley's Phoenix Holdings Ltd., bought the residential portion of Circle C from Freeport McMoRan in 1995..."
"...The two parties most affected by McCown's ruling are Gary Bradley, the flamboyant developer who heads Phoenix Holdings, the company that controls the residential portion of the Circle C development, and FM Properties, the subsidiary of New Orleans-based mining giant Freeport-McMoRan, which owns the commercial portions of Circle C. Bradley did not return a phone message left by the Chronicle, nor did Garland Robinette and Bill Collier, spokesmen for Freeport-McMoRan..."
"...The controversial bill, passed in 1995 by the Texas Legislature, exempts some 8,000 acres in southwestern Travis County from the city of Austin's water quality laws and it preempts the city's ability to annex the area, which includes four municipal utility districts at the Circle C development. The legal fight over HB 3193 is the most recent courthouse collision over legal issues at Circle C, which is now controlled by FM Properties, a subsidiary of New Orleans-based Freeport-McMoRan and Phoenix Holdings, a privately held company headed by flamboyant developer Gary Bradley...."
"...DEVELOPER/OWNER: River City Holdings..."
"..."Redflex officials had hoped the Florida contract would become their biggest in North America, replacing the Chicago program," wrote Kidwell. "Instead it was the latest vote of no confidence for Australia-based Redflex Holdings Ltd..."
"...Bush crony and former UT regent and head of the ethically challenged UTIMCO slush er, endowment fund. Merseyside fans consider themselves lucky at that; other recent Reds suitors included Thai Prime Minister Thaksin Shinawatra (deposed shortly after his purchase attempt fell apart), and Dubai Holdings, the equity arm of the United Arab Emirates...."
"...Bush crony and former UT regent and head of the ethically challenged UTIMCO slush … er, endowment … fund. Merseyside fans consider themselves lucky at that; other recent Reds suitors included Thai Prime Minister Thaksin Shinawatra (deposed shortly after his purchase attempt fell apart), and Dubai Holdings, the equity arm of the United Arab Emirates..."