Trustee Says Newbury's $141M Property Sale Moving Too Fast
By Vince Sullivan ( April 15, 2016, 7:40 PM EDT) -- The U.S. Trustee's Office said Friday that a proposed $141 million Chapter 11 sale of eight properties owned by Newbury Common Associates LLC is moving too quickly and will tie up debtor assets unless a binding purchase agreement is obtained from the potential buyer....
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