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Rule 3021

In re TPOP LLC

Ruling
Immediate payment of creditor after event of default was not warranted and payment was to be made pursuant to terms of confirmed plan.
Issue(s)
Was creditor entitled to immediate payment of claim where the chapter 11 debtor objected to immediate payment and intended to assert affirmative defenses, set-offs, or counterclaims that might reduce the amount of the claim?

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Commercial opinion summary, case decided on January 30, 2015 , LexisNexis #0215-139