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...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.