Law360, New York (March 02, 2012, 5:20 PM ET) -- MSR Resort Golf Course LLC is set to unload its Doral Golf Resort & Spa to stalking horse Trump Organization for $150 million, following a New York bankruptcy judge's ruling Friday approving the sale.
“So I understand we're here to sell a hotel,” U.S. Bankruptcy Judge Sean H. Lane said upon opening the hearing, followed by 20-minute presentation by the debtor's attorney and the judge's swift approval of the amended sale order.
“I do approve the sale, and congratulations,” he told the parties present at the...
Trump Steps Into MSR Ch. 11 To Grab Resort For $150M
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