Lapis Advisers LP is pleased to announce the plan and disclosure statement entered into jointly between the creditors and debtors of Clare Oaks and Lapis approved for dissemination.

More information can be found at:  https://www.prnewswire.com/news-releases/clare-oaks-and-bondholders-reach-agreement-supported-by-creditors-committee-on-future-of-retirement-community-301116353.html?tc=eml_cleartime%3C