MSR Resort Judge Keeps Everyone In Suspense

Law360, New York (February 5, 2013, 10:38 PM EST) -- A New York bankruptcy judge on Tuesday put off a ruling on MSR Resort Golf Course LLC’s Chapter 11 reorganization plan, which includes a $1.5 billion asset sale, following a second day of lengthy testimony that included vigorous opposition from a private equity fund.

At the end of the day, U.S. Bankruptcy Judge Sean H. Lane said he would not have a ruling before Thursday after having spent hours listening to alternative investment fund Five Mile Capital Partners LP and the resort owner go back and...
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