Lake Las Vegas is on track to emerge from bankruptcy in about two months with $24 million in hand to reinvest in the Henderson community, a company official said.
Jim Coyne, senior vice president and chief operating officer for Lake Las Vegas Resort, said a federal bankruptcy court recently signed off on the development's 670-page disclosure statement and reorganization plan.
Creditors could vote to approve the plan in late June, clearing Lake Las Vegas to emerge from bankruptcy protection
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