Developer South Edge Gets Green Light For Ch. 11 Plan
U.S. Bankruptcy Judge Bruce A. Markell approved the plan, which is underpinned by settlements with a number of building companies and provides lenders with roughly $330 million in recoveries and offers unsecured creditors a share of a $1 million fund.
Judge Markell noted the plan was supported by the secured creditors holding 99 percent of the...
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