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RAIT Calls Investors' Objections To Ch. 11 Plan Unfounded

By Ryan Boysen (October 1, 2019, 7:57 PM EDT) -- Bankrupt real estate firm RAIT Financial Trust and its unsecured creditors are hitting back against a group of equity holders that objects to an asset auction with a nearly $175 million opening bid, calling the investors' concerns unfounded and painting them as the lone fly in an otherwise pristine jar of ointment....

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