General Growth Properties Inc. filed a motion yesterday in Bankruptcy Court in Manhattan to simplify procedures for settling disputes over the 9,100 claims that were filed, Bloomberg News reported.
The second-largest shopping mall owner in the United States, owner of the Neshaminy Mall in Bensalem and the Christiana Mall in Newark, Del., and owner or manager of more than 200 other mall properties, filed for bankruptcy in April. The company was dropped from the Standard & Poor's 500 index in late 2008.
General Properties said in early December that lenders had agreed to restructure about $9.7 billion in debt.
The next hearing in the bankruptcy case is scheduled for Jan. 20, Bloomberg said.