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California Coastal Communities' disclosure statement granted approval
By Lisa Kerner
Charlotte, N.C., June 17 - California Coastal Communities, Inc.'s second amended disclosure statement was approved, according to a Thursday filing with the U.S. Bankruptcy Court for the Central District of California.
A plan confirmation hearing is scheduled for July 28.
California Coastal Communities, a residential land development and homebuilding company based in Irvine, Calif., filed for bankruptcy on Oct. 27, 2009. Its Chapter 11 case number is 09-21712.
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