TITLE

Maryland bonds caught in debate over trustee's role

AUTHOR(S)
Meisler, Daniel
PUB. DATE
March 1999
SOURCE
Bond Buyer;03/22/99, Vol. 327 Issue 30603, p24
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the controversy concerning the 1997 bankruptcy of a Florida company that serviced four bond-backed multifamily mortgages in Maryland. Debate over who will take responsibility for making up the money that the now-bankrupt servicer misappropriated; Trustee's declaration of a technical default on the bonds; Court battles related to the issue.
ACCESSION #
1682041

 

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