Judge OKs Kimball Hill Disclosure, Voting Process

Law360, New York (January 22, 2009, 12:00 AM EST) -- Kimball Hill Inc. filed its disclosure statement Wednesday, which was quickly approved by the bankruptcy judge overseeing the homebuilder's Chapter 11 liquidation.

Judge Susan Pierson Sonderby of the U.S. Bankruptcy Court for the Northern District of Illinois ruled the disclosure statement provided adequate information about Kimball Hill's operations and finances. Judge Sonderby also approved balloting measures and other procedures in the lead-up to a hearing on Kimball Hill's liquidation plan, which is scheduled for March 9.

Kimball Hill filed for Chapter 11 bankruptcy protection on April...
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