TITLE

Court Confirms General Growth Restructuring

AUTHOR(S)
Sheahan, Matthew
PUB. DATE
December 2009
SOURCE
Mergers & Acquisitions Report;12/21/2009, Vol. 22 Issue 51, p15
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
This article reports on the decision of the U.S. Bankruptcy Court of the Southern District of New York to approve a proposed reorganization plan of bankrupt shopping mall owner General Growth Properties in 2009. The court approved the reorganization plan for debtors owning regional shopping centers, office properties and community centers. The company's mortgage loans will be restructured under the plan.
ACCESSION #
47326009

 

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