American Home's Stalking Horse Bidder Approved
U.S. Bankruptcy Judge Christoper Sontchi of the U.S. Bankruptcy Court for the District of Delaware approved the stalking horse bid of Ross' AH Mortgage Acquisition Co. on Wednesday. The court affirmed that despite Ross also providing post-petition financing to American Home, there were no conflicts of interest.
American Home had earlier obtained $50 million in post-petition financing from another...
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