AmFin Fights Arbitration Stay Involving Mall Ventures

Law360, New York (June 28, 2010, 7:37 PM EDT) -- Bankrupt AmFin Financial Corp. has objected to JDJ Reno Co. LLC’s bid to lift the automatic bankruptcy stay to arbitrate a dispute over operating agreements and management of several multimillion-dollar shopping mall joint ventures.

AmFin filed an objection Monday in the U.S. Bankruptcy Court for the Northern District of Ohio, arguing that JDJR and JDJ Front Range Co. are attempting to undermine the bankruptcy court’s authority and terminate AmFin's interests in the companies.

Prior to its Chapter 11 filing, AmFin, formerly known as OSF Properties Inc.,...
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