clock menu more-arrow no yes

Filed under:

Home Stretch

New, 3 comments

Will Meruelo Maddux be out of bankruptcy early next year? Bloomberg reports that creditors can now begin voting on the three competing Chapter 11 plans in the Meruelo Maddux bankruptcy case. There is Meruelo Maddux's plan, as well as one by Legendary Investors/East West Bank and one from shareholders Charlestown Capital Advisors LLC/Hartland Asset Management. "The confirmation hearing where the bankruptcy judge can approve one of the plans will begin Jan. 26. Ballots from creditors are due Nov. 22." [Bloomberg]