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Strategies & Market Trends : CMM - REITs
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To: Eric L. who wrote ()7/27/1999 7:12:00 PM
From: leigh aulper   of 126
 
Judge Sets August 5th Hearing Date for CRIIMI MAE Extension Request

ROCKVILLE, Md., July 27 /PRNewswire/ -- CRIIMI MAE Inc. (NYSE: CMM) was granted a bridge order by Judge Duncan Keir of the United States Bankruptcy Court in Greenbelt, Md., continuing through August 5th the period during which the Company has the exclusive right to file its plan of reorganization. On August 5th, the Bankruptcy Court will hold a hearing on the Company's motion to further extend the period in which it exclusively may file its plan of reorganization to October 4, 1999 and the period in which it exclusively may solicit acceptances to such plan to December 3, 1999.
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