River Road's Ch. 11 Exclusivity Zapped
By Erin Marie Daly ( September 3, 2010, 3:45 PM EDT) -- A federal judge has nixed River Road Hotel Partners LLC's exclusive right to propose a Chapter 11 plan following a claim by a construction lender owned by creditor U.S. Bank National Association — which is owed $161 million — that the debtors' plan and related bidding procedures suffered from "numerous and incurable defects."...
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