2011-03-28 — montgomerynews.com
``TH Properties of Lower Salford has fired back at a real estate adviser who recently petitioned the court to convert the developer’s Chapter 11 bankruptcy case to Chapter 7 liquidation... “THP has not made enough progress during the last 23 months to warrant its continuing under Chapter 11 protection,†Reeves said in the latest filing. “THP has been operating not as a viable business; if it had been, it would be out of bankruptcy by now.â€''
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