Bankruptcy Judge A. Jay Cristol approved a plan by a company in chapter 11 to pursue a residential project on Fisher Island, Fla., the South Florida Business Journal reported today. The order by the judge on Feb. 11 allows Fisher Island Investments to fully pursue development of the Palazzo del Sol and Palazzo del Luna projects despite the ongoing bankruptcy case and a foreclosure lawsuit in county court. Fisher Island Investments was thrown into bankruptcy court by an involuntary chapter 11 filing by several alleged creditors in 2011. The case has been delayed by ownership disputes but those issues have apparently been resolved and the court declared that the officers and directors of Fisher Island Investments are Roberto Sosa, Mark Hauf and Yves Baumann.
