He says his family owned land, hotels, banks, apartment complexes, warehouses, islands and 20 tons of gold that was taken from them. Congregants can listen to Crystal Cathedral sermon through their car radios outside the sanctuary. The megachurch is receiving several offers from eager buyers. It was right before the hearing began that Truong made his offer to Nanette Sanders, the attorney representing the creditors committee. Truong said he would use the sanctuary for an Episcopal church, but would consider the other buildings for everything from a university to a mall.
He said the church would be Christian, but would welcome people of all faiths including Buddhists, Muslims and Hindus. Vu said the ads also referred to Truong as a billionaire. A hearing on that plan has been scheduled for Sept. The creditors committee will forge ahead with its reorganization plan and likely pick one or more buyers its members favor, Sanders said.
Marc Winthrop, the attorney representing Crystal Cathedral Ministries in its bankruptcy case, told the judge that the church has basically withdrawn its reorganization plan filed in May, which involved selling the acre campus to Greenlaw with a leaseback and buyback option.
Their homes is in an unincorporated County area near Anaheim, Friday. A Wednesday night fire brought firefighters who discovered the 2,square foot has been carved into 15 bedrooms.
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