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Tuesday, May 21, 2024 | Back issues
Courthouse News Service Courthouse News Service

San Diego Developer Files Bankruptcy

SAN DIEGO (CN) - Barratt American filed for bankruptcy on Christmas Eve, listing more than $100 million in debts. Bank of America foreclosed on seven of the Carlsbad-based developer's condo and subdivision projects, local media reported. Barratt already had cut its staff from 140 to 15.

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