LOS ANGELES-Richard Meruelo is struggling to keep hold on his bankrupt realty firm, Meruelo Maddux Properties Inc. Meruelo Maddux had filed for bankruptcy protection in March last year burdened by a debt of $266 million.
Meruelo Maddux's recent restructuring plans have been complicated by East West and Legendary Investors Group No. 1 LLC holders and Hartland Asset Management Corp. and Charlestown Capital Advisors LLC shareholders. For the full story, go to Los Angeles Business Journal.
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