All Year Holdings’ mediation partly successful, mediator says

By Sarah Lizee

Olympia, Wash., Sept. 23 – All Year Holdings Ltd.’s mediation with plan sponsor Paragraph Partners, LLC, notes trustee Mishmeret Trust Co. Ltd., Zelig Weiss and Yoel Goldman was partly successful, according to a mediator’s report filed with the U.S. Bankruptcy Court for the Southern District of New York.

As previously reported, the mediation related to disputes that impact the debtor’s proposed Chapter 11 plan.

According to the report, the mediation resulted in a resolution being reached between the debtor, the notes trustee, and the plan sponsor. However, no resolution was reached with Goldman and Weiss.

All Year focuses on the development, construction, acquisition, leasing and management of residential and commercial income producing properties in Brooklyn, N.Y. It filed Chapter 11 bankruptcy on Dec. 14, 2021 under case number 21-12051.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.