Fulton Homes selling homes in the ordinary course of business

One of the first motions filed by Fulton Homes in its bankruptcy proceedings is the motion to sell homes in the ordinary course of business. The banks, unsecured creditors in the amount of approximately $164 million, promptly filed an objection.
The filing for this began in this manner:
Yet another home builder finds itself in a situation [...]

Banks’ Behavior in Builder’s Bankruptcy: Litigation Over Reorganization

Remember our earlier posts about banks hacking a path towards foreclosing on Village Homes of Colorado?
Shown below are part of the more memorable responses filed by Village Homes and the Committee of Unsecured Creditors. By the way, those of you interested in these Pre-Preforeclosure properties, Village Homes provided a list of all homes in its [...]