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Bankruptcy

Sep. 23, 2010

Bankruptcy Judge Orders Retraction

Bankrupt downtown Los Angeles real estate developer Meruelo Maddux Properties Inc. was ordered by a judge to retract a press release the company issued accusing one of its creditors of a hostile takeover.

By Richie Duchon

Daily Journal Staff Writer

Bankrupt downtown Los Angeles real estate developer Meruelo Maddux Properties Inc. was ordered by a judge to retract a press release the company issued accusing one of its creditors of a hostile takeover.

"Journalists and other readers should disregard the news release, East West Bank Hostile Takeover Plan of Meruelo Maddux Properties Rebuffed by Bankruptcy Court, issued Sept. 9...

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