Replies to post #3971 on LANDAMERICA (fka LFGRQ)

[momoneynow]

LandAmerica primarily sold title insurance, but the company has enterprises related to banking, property assessment, relocation and back-office support functions. The company hopes to sell its other businesses, but it is not clear that buyers will be found for all assets, a company spokeswoman said.

A sale would require approval from the bankruptcy court.
CH 7 info:

http://www.investopedia.com/ask/answers/190.asp
http://www.uscourts.gov/bankruptcycourts/bankruptcybasics/chapter7.html
http://www.404.gov/investor/pubs/bankrupt.htm

[z_deville]

I asked Pam about why not a Ch. 7.