Judge approves plan to liquidate assets of Fountain Green company

Posted by Shopify API on

U.S. District Judge Bruce Jenkins on Monday took a major step to resolving one of Utah’s largest financial frauds, approving a plan to sell off tens of millions of dollars in property owned by a Fountain Green-based real estate management company. Jenkins again rejected an alterative plan proposed by about 200 investors who had put more than $200 million into Management Solutions Inc. The judge instead gave his OK to a proposal by a court-appointed receiver to sell off dozens of properties, cons...

Share this post

← Older Post Newer Post →