Judge Greenlights Real Estate Finance Co.'s Ch. 11 Plan

Law360, New York (February 22, 2012, 10:58 PM EST) -- A Colorado bankruptcy judge on Wednesday confirmed real estate finance company Merchants Mortgage & Trust Corp. LLC's Chapter 11 plan to restructure its business and continue working with a private equity partner, after no creditors objected to the plan.

After a confirmation hearing Wednesday, U.S. Bankruptcy Judge Michael R. Romero confirmed the plan and affirmed the company's disclosure statement, which it had submitted after struggling with its debt following the deterioration of the real estate sector.

Joel Laufer of Laufer & Padjen LLC, an attorney for...
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