Meruelo Plan Details $453M In Intercompany Claims
The company filed the plan Monday in the U.S. Bankruptcy Court for the Central District of California showing nearly $453 million in intercompany claims against Meruelo Maddux Properties LP.
Meruelo, which filed for Chapter 11 bankruptcy protection in March, also owes more than $203 million in Class 1 unsecured guaranty claims. Meruelo and its affiliates own rental and...
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