Judge Stands Behind Yellowstone Club's Ch. 11 Plan

Law360, New York (October 3, 2011, 10:36 PM EDT) -- A Montana bankruptcy judge on Monday upheld his decision to confirm Yellowstone Mountain Club LLC's reorganization plan, saying parties affected by a planned $115 million sale of the resort club to a private equity firm had received proper notice of the deal.

U.S. Bankruptcy Judge Ralph B. Kirscher said that settlement hearings held in July had already fulfilled requirements that relevant parties had to be given sufficient notice about settlements he had approved in his confirmation order of Yellowstone’s reorganization plan in June 2009.

In his...
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