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Published on 5/18/2012 in the Prospect News Distressed Debt Daily.

MSR Resort exclusive periods for filing a plan, getting votes extended

By Jim Witters

Wilmington, Del., May 18 - MSR Resort Golf Course LLC was granted an extension of its exclusive periods for filing and soliciting votes on a plan of reorganization, according to documents filed Friday with the U.S. Bankruptcy Court for the Southern District of New York.

The exclusive period for filing a Chapter 11 plan was extended to June 24 from May 21. The exclusive period for soliciting plan acceptances was extended to Aug. 24 from July 21.

MSR Resort owns and operates five resorts including the Grand Wailea Resort Hotel & Spa in Maui, Hawaii; the La Quinta Resort & Club and PGA West in La Quinta, Calif.; the Arizona Biltmore Resort & Spa in Phoenix; the Doral Golf Resort & Spa in Miami; and the Claremont Hotel Club & Spa in Berkeley, Calif.

The New York-based company filed for bankruptcy on Feb. 1, 2011. The Chapter 11 case number is 11-10372.


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