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World Class declines to close on another bankruptcy auction, this one for South Congress real estate

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World Class declines to close on another bankruptcy auction, this one for South Congress real estate

For the second time in a few weeks, an affiliate of Nate Paul’s World Class Holdings has declined to close on a deal after winning a bankruptcy auction. That means more prime Austin real estate is on the verge of being purchased by a mysterious shell company. Here’s what might happen next.