Via Scoop.it – Charlotte North Carolina
EpiCentre developer Afshin Ghazi agreed Monday to pay $1.5 million toward creditor claims under a sealed settlement in federal bankruptcy court that also forced him to transfer ownership of EpiCentre Theaters, Mez Restaurant and Kazba nightclub. Ghazi also loses development rights for a condominium project on the Charlotte complex’s rooftop, a site previously intended for the failed 210 Trade residential tower.
Via www.bizjournals.com