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Owners File Ch. 11 To Reorganize Debt on Dallas Logistics Hub

CoStar News
February 4, 2010 | 3:11 AM

DLH Master Land Holding LLC and its parent company Allen Capital Partners LLC (ACP), developers of the 6,000-acre Dallas Logistics Hub, filed voluntary Chapter 11 petitions in Dallas to reorganize their debts. DLH and ACP said filing for Chapter 11 will permit them to extend debt maturities, improve their capital structure and further strengthen the Dallas Logistic Hub's competitive position. None of The Allen Group (TAG) organizations or their other entities in Kansas or California was included in the filings.

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