I haven't had time for looking into the details yet, but I thought I'd provide a service to those interested by sharing some of the key documents in the Chapter 11 bankruptcy filing.
First is the bankruptcy petition.
Then there's an elaborating motion for reorganization. It includes a history of the bank's difficulties and its effort over several years to interest dozens of investors in the property, before the Texas group stepped up.
And, there's also this lengthy appendix, among some other documents.
If you've nothing better to do today (I have to go buy some blackberries and make a cobbler), read and report.