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Fabrics Estate Liquidation Plan Gets Court OK

By Ben James (August 24, 2009, 4:05 PM EDT) -- The judge in charge of the Chapter 11 proceedings of Fabrics Estate Inc. — formerly known as Propex Inc. — has approved the debtors' blueprint for winding down their estates, following the sale of substantially all the company's assets to an affiliate of debtor-in-possession lender Wayzata Investment Partners LLC in April....

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