MSR Reorganization Plan Limits Government's Role, Should Be Denied, Attorney Says

NEW YORK - The U.S. attorney for the Southern District of New York on Jan. 9 filed a brief in the U.S. Bankruptcy Court for the Southern District of New York arguing that the Chapter 11 reorganization plan of bankrupt MSR Resort Golf Course LLC should not be approved because it improperly limits the U.S. government's role as regulator in the proceeding (In Re: MSR Resort Golf Course LLC, No. 11-10372, Chapter 11, S.D. N.Y. Bkcy.).Full story on lexis.com