Edwin Watts Golf Gets Nod For Ch. 11 Disclosure Statement

Law360, Wilmington (June 9, 2014, 7:26 PM EDT) -- A Delaware bankruptcy judge on Monday blessed the disclosure statement of Edwin Watts Golf Shops LLC, allowing the equipment retailer's estate to solicit votes for a Chapter 11 liquidation plan that would dole out the remaining proceeds of its $40 million asset sale.

Edwin Watts Golf presented the disclosure statement on an unopposed basis, having resolved concerns from the U.S. Trustee's Office, lenders and the official committee of unsecured creditors, debtors' counsel Domenic E. Pacitti said.

Most of the changes to the original statement and plan...
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