Unsecured creditors of the YMCA of Metropolitan Milwaukee could recover as much as 90 cents on the dollar under the nonprofit's restructuring plan, Dow Jones Daily Bankruptcy Review reported today. The Milwaukee YMCA will use the proceeds from the sale of several of its fitness facilities, among other assets, to repay debts that topped $29 million as of its chapter 11 filing in June, according to the chapter 11 reorganization plan filed on Sunday in bankruptcy court.
