U.S. Trustee Wants RAIT's Ch. 11 Releases 'Reeled In'

By Rose Krebs (January 21, 2020, 8:34 PM EST) -- The federal bankruptcy watchdog said Tuesday that the Chapter 11 plan for real estate venture RAIT Funding LLC should not be approved as currently proposed, arguing it includes provisions that would excuse too many parties from potential liabilities....

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