Crunch Fitness Ch. 11 Plan Confirmed

Law360, New York (July 15, 2010, 6:20 PM EDT) -- A federal judge has confirmed Crunch Fitness owner AGT Wind Down Acquisition LLC's Chapter 11 plan following a Thursday hearing.

Judge Robert E. Gerber of the U.S. Bankruptcy Court for the Southern District of New York signed an order confirming the plan, noting that no substantial objections were filed since the company's disclosure statement was approved in March.

The confirmation hearing, initially set for May 20, was postponed by AGT on May 17.

Under the terms of the plan, AGT will sell substantially all its assets...
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