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Federal Appeals Court Rules On Momentive Performance Material Inc.'s Chapter 11 Repayment Plan
In the latest development in the long-running bankruptcy matter involving Momentive Performance Materials Inc.'s Chapter 11 reorganization plan, the U.S. Court of Appeals for the Second Circuit found that the U.S. Bankruptcy Court correctly affirmed Momentive's reorganization plan but erred in its determination as to interest rates to be applied to replacement notes issued to the company's creditors.
United States
14 Nov 2017
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