Real Estate Loans Send AmTrust Financial Into Ch. 11
In an affidavit filed Monday in the U.S. Bankruptcy Court for the Northern District of Ohio, AmTrust Financial Corp. CEO Peter Goldberg said the company needs to reorganize because it has been “severely impacted” by its investments in single-family home, land acquisition, development and construction loans.
“In the past two years, the debtors have diligently attempted to survive...
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