More Homeowners Seek Relief From WL Homes Stay

Law360, New York (September 29, 2009, 5:10 PM EDT) -- Another group of Nevada homeowners is asking a federal bankruptcy judge for permission to pursue a lawsuit against bankrupt homebuilder WL Homes LLC for constructing defective houses.

Robert Branksy and several dozen owners of homes in WL Homes' Whisper Creek and Four Winds subdivisions filed a motion for relief from the automatic bankruptcy stay Sept. 28 in the U.S. Bankruptcy Court for the District of Delaware, saying the company's insurer, American International Group Inc., would be liable for any damages arising from their suit.

The homeowners...
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