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07/19/09
Fulton Homes sees burst of sales in recession
Filed under: General, Real Estate
Posted by: Lillian Wong @ 8:07 pm

Fulton Homes is fending off a two-pronged attack in both bankruptcy and state courts from lead creditor Bank of America, which gained ground recently when a judge ruled it could go after Fulton’s sales and home-warranty companies in its push for remittance.

But the Tempe-based builder has unleashed a secret weapon that could fend off any immediate threat of liquidation:  more…



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