A U.S. Bankruptcy Court judge approved mall owner General Growth Properties Inc.s plans to restructure USD10.25 billion of mortgages, clearing the way for the 103 properties covered by those loans, including 85 malls, to exit bankruptcy protection by the end of this month. Judge Allan Groper also scheduled a hearing for Friday in which he will consider approving the restructuring of another USD1.75 billion in mortgages covering another 10 General Growth malls. That would leave General Growth with roughly USD 3 billion in secured debt and USD7 billion in unsecured debt remaining to be restructured. Detail Here