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WILMINGTON, Del. — East West Resort Development V, which has Lake Tahoe resort properties, filed for Chapter 11 bankruptcy reorganization.
East West Resort is a partnership controlled by East West Partners, based in Avon. No properties in Colorado are affected. Several properties on Lake Tahoe are part of the filing but not the Ritz-Carlton resort, said Mark Smith, East West Partners principal. The court filing said East West Resort has between $100 million and $500 million in debts.
