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SemCrude Gets OK For $1.8B Claims Estimate

By Lance Duroni (September 13, 2010, 7:50 PM EDT) -- The reorganized SemCrude LP cleared a major hurdle to listing its stock on the New York Stock Exchange on Monday after winning bankruptcy court approval to estimate the maximum value of unsecured claims against the company at $1.8 billion, thereby allowing the debtors to start making distributions to unsecured creditors....

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