Trustee Objects To Builder American West's Ch. 11 Plan

Law360, New York (September 12, 2012, 9:47 PM EDT) -- A U.S. trustee on Tuesday objected to American West Development Inc.'s proposed reorganization in Nevada bankruptcy court, saying the Las Vegas homebuilder's Chapter 11 plan may curtail due process and violate the bankruptcy code.

Acting U.S. trustee August Landis said in an objection he filed with the court that American West won't submit its plan supplement for the reorganization until after objections to the plan are due, a stipulation that runs contrary to standard bankruptcy practice and may harm due process.

"Notwithstanding the entry of the...
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