Resort Owners Reach Deal With Miller Buckfire For $2M

Law360, New York (July 29, 2011, 6:50 PM EDT) -- The owners of a group of bankrupt luxury hotels reached an agreement Tuesday with Miller Buckfire & Co. LLC in New York, settling the creditor's claims that they owed it for restructuring work it did before their Chapter 11 filing.

MSR Resort Golf Course LLC and a number of related hotel company debtors, which own five resorts that Paulson & Co. foreclosed on in February after the restructuring bid failed, agreed to pay the New York-based boutique investment firm $2 million in cash and give it...
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