MSR Moves To Keep Control Of Bankruptcy

Law360, New York (September 17, 2013, 7:18 PM EDT) -- MSR Hotels & Resort Inc. asked a New York bankruptcy judge Tuesday for an extra 30 days to file a Chapter 11 plan without the threat of a rival proposal being submitted, saying it will use the time to work with stakeholders on the terms of a plan.

If its motion is granted, MSR will have until Nov. 4 to file a plan to the court before the floor opens up and other parties can submit their own. MSR said it is also waiting on rulings...
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