Bankruptcy
Sep. 15, 2010
L.A. Developer Spars With Creditors
The bankruptcy reorganization of the largest private real estate land owner in downtown Los Angeles has turned ugly and put the company at risk of losing a controlling stake of 43 properties when it emerges from bankruptcy.
Daily Journal Staff Writer
LOS ANGELES - The bankruptcy reorganization of the largest private real estate land owner in downtown Los Angeles has turned ugly and put the company at risk of losing a controlling stake in its 43 properties if and when it emerges from bankruptcy.
The fight represents the latest challenge facing Meruelo Maddux Properties Inc. going back to the company's January 2007 initial publi...
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