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Real Estate & Property Law
: Clearing TitleYou have to be kidding me
By Dave Wirsching & Francine D'Elia Wirsching
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How do these people sleep at night?
NewsFeeds 2.12.09 | Richmond BizSenseLandAmerica unit wants funds access (Times-Dispatch)
A LandAmerica Financial Group Inc. subsidiary wants access to customer funds to pay vendors and expenses while going through Chapter 11 bankruptcy proceedings. LandAmerica 1031 Exchange Services Inc. filed the request in U.S. Bankruptcy Court in Richmond and said if it is not granted, the company may be forced into Chapter 7 liquidation bankruptcy.
A LandAmerica Financial Group Inc. subsidiary wants access to customer funds to pay vendors and expenses while going through Chapter 11 bankruptcy proceedings. LandAmerica 1031 Exchange Services Inc. filed the request in U.S. Bankruptcy Court in Richmond and said if it is not granted, the company may be forced into Chapter 7 liquidation bankruptcy.
Full post as published by Clearing Title on February 13, 2009 (boomark / email).
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