Wednesday, May 25, 2011

Station Casinos Objections and Counter Objections

The official committee of Green Valley Ranch Gaming's unsecured creditors filed with the US Bankruptcy Court a preliminary objection to the Prepackaged Joint Chapter 11 Plan of Reorganization for Station Casinos subsidiary Debtors, Aliante Debtors and Green Valley Ranch (GVR) Gaming and related Disclosure Statement, dated March 22, 2011, asking for more time for discovery. The group also filed a Second Supplement to this Plan covering intellectual property transfer agreements between Debtor Station Casinos, Inc. and NP IP Holdings LLC and NP Opco LLC (including Schedules and Exhibits).

Station Casinos' subsidiary Debtor Green Valley Ranch filed an objection to the creditors' objection, saying enough time has passed for all discovery to have been completed. The steering committee of first lien term lenders filed a joinder to Station Casinos' objection.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.