Mealey's Bankruptcy - Bankrupt Metro Affiliates Seeks Release Of $2.89M To Pay Prepetition Debt

Mealey's Bankruptcy - Bankrupt Metro Affiliates Seeks Release Of $2.89M To Pay Prepetition Debt

NEW YORK - Bankrupt Metro Affiliates on March 11 moved in the U.S. Bankruptcy Court for the Southern District of New York for authority to release $2,895,041 from an escrow account to pay secured claims against the bankruptcy estate related to prepetition mortgage loans (In Re: Metro Affiliates, No. 13-13591, Chapter 11, S.D. N.Y. Bkcy.).

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