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Deficiency judgment nets $500K (access required)

Jury finds for Pa. company that bought note on distressed office building

An investment fund has won a $526,837 deficiency judgment verdict against the former owners of an office building in Wrightsville Beach, the attorneys for the fund report. The building was foreclosed upon after the real estate bubble burst, and the verdict is part of an ongoing trend since the collapse that has seen debtholders become ...

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