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NOT A SUBSCRIBER?Lazy Days files for Chapter 11Posted on November 7, 2009 9:00 AM
Lazy Days RV Center Inc. has parked its fleet of motor homes in bankruptcy protection, ready to carry out a prenegotiated restructuring deal.
The Seffner, Fla., company filed for Chapter 11 on Thursday with the U.S. Bankruptcy Court for the District of Delaware in Wilmington, also proposing a plan to rid itself of $137 million in unsecured bond debt by handing its equity to a group of bondholders. This is a free content preview. Subscribers enjoy access to all stories in full as well as second-to-none market intelligence. Dig deeper, with Pipeline.
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