San Diego County toll road builder files for Chapter 11

03/30/2010 | Bond Buyer (free content), The

A public-private partnership to build a toll road in California has gone south. South Bay Expressway LP has filed for Chapter 11 bankruptcy after its 10-mile toll road in San Diego County has failed to deliver returns. Low traffic levels have left the company unable to pay its debt.

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Bond Buyer (free content), The

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