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In re Burcam Capital II LLC

In re Burcam Capital II LLC

Ruling
Plan confirmed over objection where placement of unsecured claims, purchased by secured creditor in order to block confirmation, in separate class was reasonable.
Procedural posture

In this chapter 11 case, the debtor sought confirmation of its plan and the debtor's only secured creditor filed various objections and a motion to dismiss.

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Commercial opinion summary, case decided on February 15, 2013 , LexisNexis #0313-060