polsinelli

Just nine months after the developers of the Pine Canyon Golf Club and residential development in Flagstaff, Arizona filed Chapter 11 proceedings, the Honorable Redfield T. Baum, United States Bankruptcy Judge for the District of Arizona, entered an Order Confirming their Plan of Reorganization today. The developer and its lender were able to reach an agreement for the restructuring of their loans and the plan was submitted on a consensual basis. “The agreement allows us to go forward with … [Read more...] about Pine Canyon Emerging from Bankruptcy