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AmeriFirst Punts On Final DIP After Creditors File Release Suit

By Alex Wittenberg (November 21, 2023, 7:35 PM EST) -- AmeriFirst Financial agreed Tuesday to delay a final ruling on its bankruptcy financing package after unsecured creditors in its Chapter 11 opened an adversary proceeding alleging the case was set up to exclusively benefit lender Reverence Capital Partners, which creditors say intentionally "destroyed" the debtor's business....

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