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Post# of 732592
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DanBB

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DanBB

Re: ILVMNY post# 130097

Tuesday, 12/22/2009 8:23:47 PM

Tuesday, December 22, 2009 8:23:47 PM

Post# of 732592
Not sure. But from what I've read, an EC forces creditors to take a haircut by filing motions and objections. ie. gumming-up the works. Creditors want the BK to end quickly so they give some pay-off to equity.

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