InterGroup Faces Loan Termination Notice Leading to Uncertain Future
On January 3, 2025, The InterGroup Corporation (NASDAQ: INTG) received a Notice of Termination Event related to its subsidiary, Justice Operating Company, LLC. The Notice highlighted a significant financial default involving $97 million in loans issued to Justice by institutional lenders. This default was due to Justice’s failure to repay the debt by the Forbearance […]
12 Jan 11:03 · The Markets Daily