Tuesday, June 14, 2011
Station Casinos' Lenders Removed
The US Bankruptcy Court ordered the removal of the second lien lenders -- MFS Investment Management, Panton Capital Group, and Babson Capital Management -- from the Green Valley Ranch Gaming committee. This order follows the May 11, 2011 motion of Station Casinos' Debtor Green Valley Ranch, which accused these three secured lenders of last-minute subterfuge.
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