ORLANDO, Fla. — One of the nation’s largest foreclosure banking law firms has closed its doors.
The firm, Orlando-based Butler & Hosch, had an office in downtown Baton Rouge.
Officials on Monday said that the firm had filed for what’s called “an assignment for the benefit of creditors” and stopped operating last week. The filing is similar to a bankruptcy filing.
The law firm also had offices in Georgia, Maryland, Mississippi and North Carolina.
The firm focused on foreclosures, bankruptcies and title disputes. It employed 700 attorneys and staffers.
The law firm was handling up to 60,000 foreclosure cases nationwide when it closed.
The firm’s senior partner, Bob Hosch, said in a statement that the firm had grown too rapidly through acquisitions.