LOS ANGELES-Richard Meruelo is struggling to keep hold on hisbankrupt realty firm, Meruelo Maddux Properties Inc. Meruelo Madduxhad filed for bankruptcy protection in March last year burdened bya debt of $266 million.
Meruelo Maddux's recent restructuring plans have beencomplicated by East West and Legendary Investors Group No. 1 LLCholders and Hartland Asset Management Corp. and Charlestown CapitalAdvisors LLC shareholders. For the full story, go toLos Angeles Business Journal.
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