First Magnus Financial unsecured creditors committee appointed

By Caroline Salls

Pittsburgh, Aug. 30 - First Magnus Financial Corp.'s U.S. Trustee appointed the official committee of unsecured creditors for the company's Chapter 11 case, according to a Thursday filing with the U.S. Bankruptcy Court for the District of Arizona.

The committee is comprised of Timothy Thomas of Vanguard Legato Group, San Jose, Calif.; Matthew R.K. Waterman of National Bank of Arizona, Tucson, Ariz.; Douglas S. Myers of Hilton & Myers Advertising, Inc., Tucson, Ariz.; Justin Balser of Aurora Loan Services, LLC, Littleton, Colo.; and John Beitter of Pyro Brand Development, LLC, Dallas.

First Magnus, a Tucson, Ariz., mortgage loan originator, filed for bankruptcy on Aug. 21. Its Chapter 11 case number is 07-01578.

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