Bankrupt Ariz. Developer Faces Scrutiny Over Ranch Land

Law360, New York (September 7, 2012, 10:07 PM EDT) -- An investor in bankrupt Granite Dells Ranch Holdings LLC asked an Arizona bankruptcy judge on Thursday to compel the debtor to produce answers and documents regarding the finances of a company that managed its ranch land, which is tied up in a $90 million promissory note.

Tri-City Investment & Development LLC, an interested party in the Chapter 11 proceedings, filed the request for admission, nonuniform interrogatories and documents from Cavan Management Services under Section 2004 of the Bankruptcy Code as multiple sides grapple over the note...
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