Bankruptcy Judge Orders D.R. Horton To Pay $16.3M For Mismanagement

(November 15, 2016, 7:55 AM EST) -- MIAMI — A federal bankruptcy court judge in Florida on Oct. 21 ordered D.R. Horton Inc. to pay $16.3 million for its mismanagement of a Miami homeowners association that is now bankrupt, finding that the residential home builder mismanaged funds and wrongfully cut services at the complex (In re:  Majorca Isles Master Association, No. 12-19056, Barry Mukamal v. D.R. Horton Inc., et al., Adv. No. 14-1142, S.D. Fla, Bkcy.)....

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