September 20, 2007
RE/MAX Realty agency files for Chapter 11
By BARRY FLYNN
Business Writer
DAYTONA BEACH -- A real estate agency owned by Felix Amon and his wife, Ursula, developers of oceanfront condominiums, has filed for Chapter 11 bankruptcy protection.
The filing by RX Realty Inc., which operates as RE/MAX Realty here, swiftly followed the decision of an arbitrator to award a former agent of the company more than $400,000 in unpaid real estate commissions.