Slew Of Objections Filed Over DBSI Sales Plan

Law360, New York (January 21, 2009, 12:00 AM EST) -- A long list of companies, including Wachovia Bank NA and Food Lion LLC, have lodged objections to a request by bankrupt real estate investment company DBSI Inc. to authorize the sale of some of its assets and assign some unexpired leases to the purchaser of the assets.

Around 40 entities filed objections to the plan on Tuesday and Wednesday in the U.S. Bankruptcy Court for the District of Delaware. Many of the objections are on behalf of retail or other businesses that rented space in buildings...
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