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Published on 7/20/2010 in the Prospect News Distressed Debt Daily.

Meruelo Maddux U.S. Trustee appoints official equity committee

By Caroline Salls

Pittsburgh, July 20 - Meruelo Maddux Properties Inc.'s U.S. Trustee has appointed an official committee of equity holders for the company's Chapter 11 bankruptcy case, according to a Monday filing with the U.S. Bankruptcy Court for the Central District of California.

The committee members are Stephen S. Taylor of Taylor International Fund, Ltd. of Chicago; David A. Spinney of Winnetka, Ill.; and Douglas J. McCaslin of Portland, Ore.

Meruelo Maddux, a self-managed, full-service real estate company that develops, redevelops and owns commercial and multi-family residential properties, filed for bankruptcy on March 26, 2009. Its Chapter 11 case number is 09-13356.


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