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Judge Lopez denied confirmation of First Brands' joint Chapter 11 plan today. The order runs to a single paragraph: denied for the reasons stated on the record. Reporting from the hearing indicates the court also converted the case to Chapter...
#bankruptcy#Chapter 11#Chapter 7
The Documents Were Not Missing The evidentiary record from First Brands' combined confirmation and disclosure-statement hearing has been cataloged. The…
#borrowing base#collateral#credit risk