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“The prior plan supplied for the sale of property of the debtors and a non-debtor affiliate, a discharge of the debtors, and the reorganization of any unsold property for the good thing about the declare holders,” mentioned Harrington, a Division of Justice official with accountability for chapter instances. “The liquidating plan offers for the liquidation of all three debtors … the debtors have considerably and materially modified the sale plan.”
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