Court OKs $14M Ch. 11 LandAmerica Deal With SunTrust
With the agreement, approved at a hearing by U.S. Bankruptcy Judge Kevin Huennekens, recoveries for many of the creditors of LandAmerica 1031 Exchange Services Inc. will be 66.5 percent, following previous settlements, including a $95.5 million deal with a second bank in October.
Since the debtors' approved...
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