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    The developer of the 144-unit Holiday Isle has filed for bankruptcy because 50 buyers backed out of purchases in the seven-story Dauphin Island condominium project.
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    Ranieri's Franklin Bank files Chapter 7 bankruptcy Reuters - Nov 13, 2008 PK: Quote , Profile, Research, Stock Buzz), which both also filed for bankruptcy protection. It struggled with a shortage of capital and an increase in loans ...
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