E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/22/2021 in the Prospect News Distressed Debt Daily.

Monaco Coach: Court reopens Outdoor Resorts of Las Vegas case

By Sarah Lizee

Olympia, Wash., April 22 – Monaco Coach Corp. debtor Outdoor Resorts of Las Vegas, Inc.’s Chapter 7 bankruptcy case was reopened by the U.S. Bankruptcy Court for the District of Delaware on Tuesday, according to an order.

As previously reported, Regions 3 and 9 U.S. trustee Andrew R. Vara asked the court to reopen the case so that George L. Miller may be reappointed as the Chapter 7 trustee and, among other things, reallocate funds to Outdoor Resorts from Monaco Coach.

Miller was appointed as Chapter 7 trustee on April 20.

Miller had filed NDRs in a number of the debtors’ Chapter 7 cases, including Outdoor Resorts’ case, in error as there were funds on deposit in Monaco Coach’s case that actually belonged to some of the other Chapter 7 debtors.

The U.S. trustee moved to reopen the Chapter 7 cases of Naples Motorcoach Resort Inc. and Signature Resorts of Michigan Inc. Those cases were reopened on Jan. 26.

Monaco Coach is a Coburg, Ore.-based designer, manufacturer and seller of motor coaches and towable recreational vehicles. The company filed for bankruptcy on March 5, 2009. The conversion to Chapter 7 occurred on June 29, 2011. The company’s Chapter 11 case number is 09-10750.


© 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.