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In re Accuride Corp.

In re Accuride Corp.

Ruling
Debtor who complied with plan obligations not obligated to make additional distributions due to defective subscription submissions by creditor rights offering participant.
Procedural posture

Movant, a rights offering participant, brought a motion to enforce debtor's third amended joint plan of reorganization (the Plan) for the purpose of ordering debtor to make an additional distribution to said participant. Debtor opposed the motion.

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Commercial opinion summary, case decided on November 17, 2010 , LexisNexis #1210-062