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Lapeer Aviation, Inc., In re

Lapeer Aviation, Inc., In re

Ruling
Debtors' second amended plan did not meet the best-interest-of-the-creditors test as itprovided no assurances that the debtors would continue to pursue certain causes of action.(Bankr. E.D. Mich.)
Issue(s)
Confirmation of Plan; Requirements; Impaired Classes.

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Commercial opinion summary, case decided on October 12, 2022 , LexisNexis #1222-070