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Published on 9/2/2011 in the Prospect News Distressed Debt Daily.

Linden Ponds and Hingham Campus expect plan to take effect Sept. 8

By Caroline Salls

Pittsburgh, Sept. 2 - Hingham Campus, LLC and Linden Ponds, Inc. expect their joint plan of reorganization to take effect on Thursday, according to a Friday filing with the U.S. Bankruptcy Court for the Northern District of Texas.

As previously reported, the joint plan was confirmed on Aug. 23.

The record date for making distributions to holders of the companies' 2007 bonds is expected to be Sept. 6, the filing said.

Linden Ponds is based in Hingham, Mass., and Hingham Campus is based in Baltimore. The companies filed for bankruptcy on June 14. The Chapter 11 case number is 11-33912.


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