Centaur Creditors Add To Ch. 11 Plan Opposition

Law360, New York (May 20, 2010, 2:48 PM EDT) -- Centaur LLC's disclosure statement has come under fire yet again, with unsecured creditors joining the growing chorus of opposition to the bankrupt casino and racetrack operator's most recent version of the plan.

In a filing Wednesday in the U.S. Bankruptcy Court for the District of Delaware, the official committee of unsecured creditors accused the debtors and prepetition first-lien claim holders of attempting to gain a tactical advantage over creditors and others by asking the court to shoehorn a May 25 hearing date, which is set to...
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