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In re Nutritional Sourcing Corp.

In re Nutritional Sourcing Corp.

Ruling
Confirmation denied due to definition of "trade creditors" differing from that in mirror loan notes issued in prior reorganization.
Procedural posture

Debtors, a parent and two subsidiary corporations, and the Official Committee of Unsecured Creditors supported the confirmation of the debtors' joint chapter 11 plan of liquidation. A number of parties filed objections to the plan.

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Commercial opinion summary, case decided on December 23, 2008 , LexisNexis #0209-053