Bank, Perdido Housing Locked In War of Words Over Default

DeSue, Tedra
April 2002
Bond Buyer;4/8/2002, Vol. 340 Issue 31360, p1
Trade Publication
Reports the debate over the rights of SouthTrust Bank as trustee for Perdido Housing Corp. in the U.S. Failure of SouthTrust to pay the debt service to Perdido; Declaratory judgment hearing filed by SouthTrust; Statement regarding the payment provisions of the indenture by executive director Laura Wright.


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