Raleigh Based Commercial Real Estate Company Prepares to Emerge Successfully from Chapter 11

Hendren & Malone filed Chapter 11 Bankruptcy for Commercial Real Estate Company in Raleigh in December 2013.  The Bankruptcy Court has now approved the company’s Chapter 11 Plan, which allows the company to retain all of its assets and pay its creditors in full over time.  Chapter 11 filing stopped a bank foreclosure  and allowed the company time to restructure all of its debts.  We are very pleased that the company will get a fresh start.

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