John Laing Homes Weighs Its Options

"John Laing Homes appears to be retrenching to its Southern California home base, as it has closed or suspended its construction and selling activities in other markets while it "reviews" its operations. The builder has retained Development Specialists (DSI), a national restructuring consultant, to assist in its review process. Bradley Sharp, a senior vice president with DSI, did not return a phone call seeking comment. But most recently, Sharp has been appointed Chapter 11 trustee for a bankrupt financial services company and Mexican food manufacturer, and a consultant for the liquidating trustee of a bankrupt holding company."