A judge verbally approved Lake Las Vegas’ plan to emerge from Chapter 11 bankruptcy at a hearing Monday, the development’s parent company said today.
Sandra Sternberg, a spokeswoman for the Atalon Group, said the company expects to have written approval for the plan from Judge Linda Riegle by Friday. Sternberg said the development won’t emerge from bankruptcy for a few weeks, but Lake Las Vegas on Monday overcame a big hurdle in the process.
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