MSR Resort Golf Course LLC (affiliated with CNL-AB LLC) Bankruptcy New Filing Alert: Motion/Application For Approval Of A Settlement Pursuant To Rule 9019

On June 12, 2014, a motion/application for approval of a settlement pursuant to rule 9019 was filed in the bankruptcy case of MSR Resort Golf Course LLC (affiliated with CNL-AB LLC) and its affiliates.

The filing was assigned docket number 2281 and is described on the court’s official docket as follows:

Ex Parte Motion to Shorten Time Ex Parte Motion of MSR Resort Golf Course LLC, et al., (I) for an Expedited Hearing and (II) to Shorten the Notice Period with Respect to the Motion of MSR Resort Golf Course LLC, et al., for Entry of an Order (A) Approving Settlement with Five Mile Capital Partners LLC, (B) Dismissing MSR Resort Sub Intermediate Mezz LLC’s Chapter 11 Case, and (C) Granting Related Relief (related document(s)[2279]) filed by Paul M. Basta on behalf of MSR Liquidation Trust, MSR Resort Sub Intermediate Mezz LLC. (Basta, Paul)

MSR Resort Golf Course LLC (affiliated with CNL-AB LLC) filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on February 1, 2011. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of New York . The case number for the lead bankruptcy case is 11-10372. The bankruptcy case is currently assigned to United States Bankruptcy Judge Sean Lane. The law firm of Kirkland & Ellis LLP is acting as lead bankruptcy counsel to MSR Resort Golf Course LLC (affiliated with CNL-AB LLC) in the bankruptcy case.

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