March 31, 2009
Company offers to buy claims from LandAmerica unit’s creditors
A New Jersey company is offering to buy claims against a bankrupt subsidiary of LandAmerica Financial Group Inc. for pennies on the dollar. Hain Capital Group has been calling and mailing letters to creditors of LandAmerica 1031 Exchange Services Inc., which filed for bankruptcy protection in late November along with its parent company.
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