Creditors, Trustee Object To Twin River Ch. 11 Plan

Law360, New York (January 13, 2010, 2:33 PM EST) -- Unsecured creditors and a U.S. trustee representative have objected to the Chapter 11 exit plan filed by bankrupt Rhode Island casino Twin River — partly owned by Starwood Capital Group — on the contention that it appears to treat certain creditors unfairly and does not contain enough information.

The official committee of unsecured creditors and the trustee’s representative on Tuesday filed objections in the U.S. Bankruptcy Court for the District of Rhode Island to the plan for restructuring the casino owner, UTGR Inc.

The unsecured creditors...
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