FAIRLESS HILLS, Pa. -- General Growth Properties, Inc., in its third post-confirmation status report, said it has resolved and settled nearly 8,600 proofs of claim and scheduled claims collectively asserting a total of $126 billion.
More news on the General Growth case, including the reorganized company's most recent refinancing of its shopping malls representing $1.7 billion of new mortgages, are available in GENERAL GROWTH Bankruptcy News, Issue No. 84 published by Bankruptcy Creditors' Service, Inc.
The 18-page newsletter contains stories with these headlines:
[01323] NEW GGP COMPLETES $1.7 BILLION REFINANCING OF SEVEN MALLS
[01324] NEW GGP INCREASES CREDIT FACILITY TO $750 MILLION
[01325] GGP FILES 3RD POST-CONFIRMATION STATUS REPORT
[01326] DEBTORS OBJECT TO WILMINGTON TRUST'S REQUEST FOR FEES
[01327] DEBTORS' MOTION TO DEEM CURE OBJECTIONS AS RESOLVED
[01328] DEBTORS' 42ND OMNIBUS OBJECTION TO CLAIMS
[01329] DEBTORS' 66TH TO 70TH OMNIBUS OBJECTIONS TO CLAIMS
[01330] DEBTORS' 76TH TO 79TH OMNIBUS OBJECTIONS TO CLAIMS
[01331] DEBTORS' 80TH TO 84TH OMNIBUS OBJECTIONS TO CLAIMS
[01332] CLAIM WITHDRAWALS -- December 2010 to April 2011
[01333] R.S. SELLERS ACQUIRES 5,000 SHARES OF THHC COMMON STOCK
[01334] ACKMAN HOLDS SHORT POSITION ON SIMON TO HEDGE GGP STAKE
[01335] H&M MAY OPEN STORE AT GGP-OWNED PARK PLACE MALL
[01336] FITCH DOWNGRADES NINE CLASSES OF BACM 2006-3
[01337] HOWARD HUGHES RELEASES 4Q AND FY 2010 FINANCIAL RESULTS
A copy of the newsletter can be purchased on-line with a major credit card at <a href="https://ecommerce.bankrupt.com/bin/ibl_re?co_name=GENERAL|GROWTH">https://ecommerce.bankrupt.com/bin/ibl_re?co_name=GENERAL|GROWTH</a> for $45. Copies of all back issues are also available for purchase at BCSI's on-line newsstand.
GENERAL GROWTH BANKRUPTCY NEWS tracks the restructuring of General Growth Properties Inc.
How to Subscribe to GENERAL GROWTH BANKRUPTCY NEWS
GENERAL GROWTH BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail. New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases. The subscription rate is $45 per issue. Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax. Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions. Subscriptions may be canceled at any time without further obligation.
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Company: Bankruptcy Creditors' Service, Inc.
Contact: Peter A. Chapman
Phone: (215) 945-7000
Email: peter[@]bankrupt.com
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