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In re Montreal Me. & Atl. Ry.

In re Montreal Me. & Atl. Ry.

Ruling
Plan reflecting good faith settlement could be approved, despite not providing for payments to two classes of creditors deemed to have rejected the plan.
Issue(s)
Could plan that did not provide for payments to two classes of creditors deemed to have rejected the plan?

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Commercial opinion summary, case decided on October 09, 2015 , LexisNexis #1215-025