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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1375083	Meruelo Maddux Properties Inc.	MMPI	Real Estate (6500)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1109389	S Stephen Taylor	714 S. Dearborn Street 2Nd Floor Chicago IL 60605		No	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2010-06-14	60,000	$0.21	3,726,108	No	4	P	Direct
Common Stock	Acquisiton	2010-06-14	240,000	$0.20	9,348,676	No	4	P	Indirect	See Note
Common Stock	Acquisiton	2010-06-15	93,500	$0.22	9,442,176	No	4	P	Indirect	See Note

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct
No	4	P	Indirect	See Note
No	4	P	Indirect	See Note

Footnotes

This Form 4 is being filed by Stephen S. Taylor (the "Reporting Person").
Mr. Stephen S. Taylor may be deemed to hold an indirect beneficial interest in these common stock shares of Meruelo Maddux Properties Inc. (the "Issuer"), which are directly beneficially owned by Taylor International Fund, Ltd. ("TIF"). Mr. Taylor is the Chairman of Taylor Asset Management Inc. ("TAM"), which is the Investment Manager of TIF. Mr. Taylor also owns 3,726,108 shares of the Issuer directly in a personal account ("PA"). The total amount of the Issuer's securities owned by Mr. Taylor, both directly and indirectly, following the June 15, 2010, transaction is 13,168,284.
PA
TIF