Posted in Escambia County

WCI is out of bankruptcy

   September 4, 2009

The Miami Herald is reporting that WCI Communities has emerged from Chapter 11 bankruptcy protection and has eliminated more than $2 billion in debt and liabilities.

WCI purchased Lost Key on Perdido Key and once was seen as the savior of the Key. Former Pensacola Councilman Marty Donovan tired to push them to make a bid on maritime park property.

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