Real Estate Brokerage Files Chapter 11
Posted on Apr 16, 2011 3:50pm PDT
Stirling Sotheby's International Realty has reportedly filed for Chapter 11 bankruptcy. According to reports, the firm has listed assets at about $1.1 million and liabilities at $6.4 million. The company now reportedly plans to reorganize and emerge from bankruptcy by the end of the year. Stirling reportedly employs about 110 agents.
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