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Skinner Ch. 11 Must Convert To Ch. 7: Judge

By Christie Smythe (May 28, 2009, 12:00 AM EDT) -- Asserting that the proposal is the result of collusion, a judge has rejected a Chapter 11 exit plan for Skinner Engine Co. calling for the company's liability insurers to fund asbestos settlements and has ordered that the case be converted to Chapter 7....

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