Creditors Get Peek At Everest's Prebankruptcy Assets

Law360, New York (July 26, 2010, 6:49 PM EDT) -- The official committee of unsecured creditors for a bankrupt affiliate of real estate firm Everest Development Co. has won its bid to examine prebankruptcy transactions to determine what the company's actual assets are and make sure the developer has not squirreled away funds.

Judge Michael E. Romero of the U.S. Bankruptcy Court for the District of Colorado on Friday granted the committee access to records relating to Everest's 7677 East Berry Avenue Associates LP unit that are in the possession of FirstBank of Cherry Creek, Charles...
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