Published: July 29, 2010
Inland and Lauth Agree to Settlement
INDIANAPOLIS - (BUSINESS WIRE) - Robert M. Fishman, a member of the Chicago law firm of Shaw Gussis
Fishman Glantz Wolfson & Towbin LLC, the Special Mediator appointed by
U. S. Bankruptcy Judge Basil H. Lorch III, today announced that Lauth
Investment Properties, LLC and LIP Holdings LLC (an affiliate of Inland
American) and their affiliates have reached a global settlement of their
disputes in the cases now pending in the Bankruptcy Court.
Mr. Fishman was appointed by Judge Lorch in April 2010 as part of a
settlement agreement between Lauth and Inland that ended pending
litigation between them and resolved a motion to appoint a trustee.
Mr. Fishman mediated a resolution of all remaining issues between Inland
and Lauth. The terms of the global settlement will remain confidential
until the motion seeking approval of the settlement is filed with the
Bankruptcy Court, which is expected to occur in about thirty days.
Under the terms of the global settlement and the April arrangement
between Lauth and Inland, Lauth Group, Inc will relocate its
headquarters to 11595 North Meridian Street. The Lauth Group relocation
is expected occur in October.
Dittoe Public Relations
Eric Kokonas, 317-202-2280 x17
eric@dittoepr.com
Copyright © 2012, Business Wire, Inc., All rights reserved.
Copyright © 2012, NewsBlaze,
Daily News
Search News
Daily News
