A brutal housing recession raises questions about standard operating procedures in the home building business. More
Court documents outline the events leading up to Irvine, Calif.-based builder's bankruptcy filing. More
Former CEO Larry Webb tops the list of unsecured creditors with a $1.2 million claim. More
The California builder has cut staff, suspended or closed its operations in several markets, and has hired a restructuring specialist. More
Affordable housing or philanthropy could be in the cards for Larry Webb, who will leave the California-based builder next month. More