| Realty World America Inc., a large North American real estate brokerage network, filed for bankruptcy on Oct. 4, according to the Orange County Register.
The Newport Beach, Calif.-based company, which operates a network of about 450 franchised brokerage offices nationwide and in Mexico, said the Chapter 11 filing was an attempt to avoid immediate payment of a $631,000 judgment ordered against it in a breach-of-contract lawsuit in Northern California. |
