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Kimball Hill Homes Will Shut Down
CEO Ken Love: ‘We deeply regret the necessity of today's decision.'
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Kimball Hill Homes Restructures
Kimball Hill management maintains it will continue to build, sell, and deliver homes as it restructures its $632 million debt load through the Chapter 11 process.
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Kimball Hill Gets Court's Approval
One day after officially filing a petition for Chapter 11 in the U.S. Bankruptcy Court for the Northern District of Illinois, executives of Kimball Hill Homes received court approval for all of the company’s first day motions. Taken together, the approvals allow the company to continue normal operations.
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