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Mahwah company files Chapter 11 bankruptcy protection to block ski lodge sale

The petition was filed Sunday night in federal bankruptcy court in Newark by Cohen Grand Lodge LLC, at 220 Franklin Turnpike, forestalling a sale in Iron County, Utah, which was scheduled for the following day. "This was the only way to stop the sale so we can get time to deal with the mortgage issues, reorganize the company and reorganize the debt," said Charles A. Stanziale Jr. of the Newark office of McCarter & English, which is representing Cohen Grand Lodge LLC. http://www.northjersey.com/news/business/mahwah-company-files-chapter-11-bankruptcy-protection-to-block-ski-lodge-sale-1.1679640

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