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Prospect News home > News index > List of issuers L > Headlines for LandAmerica Financial Group Inc. > News item
Published on 2/18/2009 in the Prospect News Distressed Debt Daily.

LandAmerica reports $754.14 million net loss for period of Nov. 26 to Dec. 31

By Caroline Salls

Pittsburgh, Feb. 18 - LandAmerica Financial Group, Inc. posted a $754.14 million net loss for the period of Nov. 26 to Dec. 31 on $6.68 million in total revenues, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the Eastern District of Virginia.

As of Dec. 31, the company had $93.38 million in cash and cash equivalents.

LandAmerica, a title insurance underwriter based in Glen Allen, Va., filed for bankruptcy on Nov. 26. Its Chapter 11 case number is 08-35994.


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