Cassa Hotel Developer Nears Ch. 11 Exit
A deal hashed out over the tables in U.S. Bankruptcy Judge Stuart Bernstein's Manhattan courtroom will largely preserve the right to a quasi-arbitration process that the contractors would have had access to if Waterscape Resort LLC had not filed for bankruptcy.
Wrangling over the particulars of the arbitration issue prevented the restructuring...
To view the full article, register now.