Fri. Nov 22nd, 2024

Crystal Cathedral Considering New Buyers

Crystal Cathedral
Crystal Cathedral

AP Images/Orange County Register, Ana Venegas, File

Crystal Cathedral is one step closer to having a new owner.

A bankruptcy judge on Tuesday allowed the Crystal Cathedral to consider new buyers for its 40-acre complex, according to the Los Angeles Times.

“There are other options out there which are viewed by the ministry and the creditors as being more favorable,” attorney Marc Winthrop, who represents the Crystal Cathedral, told the court.

The Times points to Monday bankruptcy filings that reveal the church is actively seeking other offers in addition to Greenlaw Partners, a real estate development firm and primary bidder.

The church, founded by Robert H. Schuller and known for its popular weekly televangelist series Hour of Power, filed for bankruptcy protection last October, claiming it owed more than $50 million to creditors and vendors.

Gina Meeks contributed to this report.

Related Post

Leave a Reply

Related Podcasts

More News
When Was Hell Prepared?
When Was Hell Prepared?
What Is Spiritual Warfare?
What Is Spiritual Warfare?
The Greatest Spiritual War for the Future Is the Past, Present and Future
The Greatest Spiritual War for the Future Is the Past, Present and Future
Tucker Carlson Shares His Testimony: ‘I Was Mauled by a Demon’
Tucker Carlson Shares His Testimony: ‘I Was Mauled by a Demon’
Mike Signorelli Talks Demonic Possession, Oppression and Generational Curses
Mike Signorelli Talks Demonic Possession, Oppression and Generational Curses
A Night of Unity at Christ Church: Arabs and Jews Worship Jesus Together in Jerusalem
A Night of Unity at Christ Church: Arabs and Jews Worship Jesus Together in Jerusalem
Amanda Grace, Faith Leaders Host Prayer Night for the Trump Family
Amanda Grace, Faith Leaders Host Prayer Night for the Trump Family
Is Fear Stopping You from Fulfilling God’s Purpose in Your Life?
Is Fear Stopping You from Fulfilling God’s Purpose in Your Life?
Isaiah Saldivar’s Remarkable Message: ‘I Hear Chains Breaking’
Isaiah Saldivar’s Remarkable Message: ‘I Hear Chains Breaking’
Greg Locke: How Biblical Generosity Transforms Lives
Greg Locke: How Biblical Generosity Transforms Lives
previous arrow
next arrow
Shadow

Latest Videos
76.8K Subscribers
997 Videos
7.6M Views

Copy link