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Thursday, March 28, 2024 | Back issues
Courthouse News Service Courthouse News Service

Affordable Bankruptcy

An en banc Ninth Circuit upheld a federal judge’s affirmation of bankruptcy-reorganization plans for a Phoenix affordable housing project, finding the plan properly affixed a lower value to the property since the project intends to continue renting its units to low-income tenants.

SAN FRANCISCO – An en banc Ninth Circuit upheld a federal judge’s affirmation of bankruptcy-reorganization plans for a Phoenix affordable housing project, finding the plan properly affixed a lower value to the property since the project intends to continue renting its units to low-income tenants.

Categories / Appeals

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