A [ADDRESS] court gave Logan Group Co. clearance to implement its debt restructuring plan, more than four years after the Chinese developer defaulted in the midst of the country’s property crisis. The court decision is a crucial procedural step, allowing Logan Group to move forward with a plan that drew support from a majority of debt holders under a mechanism known as a scheme of arrangement. Logan Group, which carried one of the largest debt loads in the industry, was one of the many Chinese developers that defaulted during the yearslong real estate downturn.