Monaco Coach Seeks To Auction Off RV Resorts

Law360, New York (April 8, 2009, 12:00 AM EDT) -- Recreational vehicle manufacturer and resort operator Monaco Coach Corp. has asked a court for permission to auction off its resort business, about two weeks after receiving a $50 million offer for its core operations.

In a motion filed Tuesday in the U.S. Bankruptcy Court for the District of Delaware, Monaco asked the court to set an auction of its RV resort assets for May 8, with bids due May 1. Those assets include RV resorts in California, Nevada, Michigan and Florida.

Monaco has not yet obtained...
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