Developer OK'd To Examine Bankrupt Ranch Land Manager

Law360, New York (April 15, 2013, 6:12 PM EDT) -- A creditor of the bankrupt manager of the also bankrupt Arizona company Granite Dells Ranch Holdings LLC received court approval Monday to compel the management company to produce certain financial documents related to $142 million that it purportedly held in assets in 2008.

U.S. Bankruptcy Judge Eddward P. Ballinger Jr. granted Arizona Eco Development LLC’s motion to compel a representative of Cavan Management Co. LLC to turn over financial information relating to Cavan Management Services LLC’s 2008 tax information. AED claims the $14.4 million ordinary business...
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