Lender Gets OK To Fight Crescent Ch. 11 Plan

By Samuel Howard (April 26, 2010, 6:19 PM EDT) -- Alarmed by the control granted to Crescent Resources LLC's major lenders after reorganization, Five Mile Capital LLC has won a last-minute bid to urge fellow prepetition lenders to reject a plan that sheds roughly $1 billion in debt and hands the real estate company over to the secured creditors....

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