Bankruptcy to have minimal affect on City Hall
#1 Oct 23, 2011
The Chapter 7 Bankruptcy Trustee is not seeking a dismissal of the case. Rather, the Trustee is seeking to sell whatever interest the estate has in the property to BB&T so that they may acquire ownership of the property without further litigation. It is the debtor, Asnaco, LLC that is seeking a dismissal of the case so that it may continue to pursue state court remedies against BB&T.
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