The owner of residential rental properties in South Tampa plans to sell more than two dozen locations after filing for Chapter 11 bankruptcy to avoid a fire sale.
Bartley Investments attributed the bankruptcy to a $3.5 million judgment handed down by a jury in Hillsborough County Circuit Court in February to conclude a two-year-long premises liability lawsuit filed against the firm. Bartley appealed the final judgment in April after Judge Paul Huey denied a request for a new trial, and the case is currently pending in Florida’s Second District Court of Appeal, according to court documents.
Login to view the full content (Free)
Support Tampa Latest by subscribing— We promise no spam!