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A Closer Look at the Orleans Homebuilders Bankruptcy

By Fox Rothschild LLP on March 15, 2010
Posted in Bankruptcy Case Summaries

On March 1, 2010, Orleans Homebuilders filed for bankruptcy in the United States Bankruptcy Court for the District of Delaware.  According to Orleans’ Declaration in Support of First-Day Pleadings, the company filed for bankruptcy hoping to get the “breathing space”  necessary to reorganize its business.

The circumstances leading up to Orleans filing for…

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