Bankrupt MSR Wins More Time As Hilton Battle Drags On

Law360, New York (February 23, 2012, 6:28 PM EST) -- Bankrupt resort operator MSR Resort Golf Course LLC won more time Thursday to exclusively file a restructuring plan while it continues to battle a Hilton Worldwide Inc. unit over a property management deal.

Though the company was able to reach a deal earlier this month with Marriott International Inc. in a similar property dispute, the lack so far of an accord with Hilton subsidiary Waldorf-Astoria Management LLC led MSR to push for more time to engineer a Chapter 11 plan.

MSR, which owns five luxury hotel...
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