American Home Moves To Squash Document Request

Law360, New York (October 9, 2007, 12:00 AM EDT) -- Bankrupt mortgage lender American Home Mortgage Investment Corp. has asked a judge to reject a major investor's request for documents, saying it would divert resources from more important things like the sale of its loan servicing business.

In court documents filed Friday with the U.S. Bankruptcy Court for the District of Delaware, American Home noted that it had already received 80 objections to its sale motion, and that it was facing a trio of adversary suits that had been “multi-tracked” for trial.

As a result, American...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.