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In re Chassix Holdings

In re Chassix Holdings

Ruling
Chapter 11 plan confirmed over objections of creditors subject to modification of disputed release provisions.
Issue(s)
Should chapter 11 plan be confirmed over creditors' objections based on settlement of dividend claim and best interest of creditors and the estate?

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Commercial opinion summary, case decided on July 09, 2015 , LexisNexis #0815-026