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Alyssa

03/22/12 5:09 PM

#126 RE: sidedraft #125

According to the first recent article, Nexity is still in Chapter 11 but wants to stay in business. The second article says that they're still there on US 280 in Birmingham. Wonder if the Court is on the verge of approving an exit plan? Very tiny float here.

"Nexity, which aims to stay in business, has yet to have an exit plan confirmed by the court."

http://montgomeryrealestateinfo.com/193/beat-up-alabama-banks-colonial-nexity-still-in-bankruptcy-the-birmingham-news/

http://blog.al.com/businessnews/2012/03/birmingham_banking_scene_is_ra.html