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HOUSING & REAL ESTATE • UNITED STATES

ZOM Holding files for bankruptcy after $323 million judgment

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BLUF

ZOM Holding, which owns the ZOM Living trademarks and fee rights, filed for bankruptcy after a court entered a $323 million judgment, according to Bisnow. The filing is intended to fund a challenge to the judgment.

HOW THIS BRIEF WAS MADE 1 outlet: 1 trade press. Automated sourcing and summaries by the BLUF engine. Corrections

Why it matters

The bankruptcy could affect the company’s rights and creditors; the article provides no information about effects on tenants, projects, or the wider housing market.