"Real estate developer Lauth Investment Properties LLC filed for Chapter 11 bankruptcy court protection this morning after months of weathering brutal market conditions here and across the country.
The filing in Indianapolis bankruptcy court listed assets and liabilities of up to $10 million.
It wasn't immediately clear whether Lauth Investment Properties represents only part of the Lauth Group Inc. development empire.
IBJ reported last month that Lauth Group had cut about 90 percent of its staff and lost control of part of its portfolio to an equity partner."
American Banker: GOP efforts to repeal CFPB arbitration rule off to rocky start - by Jeff Sovern Here. The article points out that one Republican member of the Senate Banking Committee, John Kennedy of Louisiana, did not agree to cospons...
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