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IGPS Ch. 11 Auction Floor Too Low, Say US Trustee, Ex-CEO

By Matt Chiappardi (July 12, 2013, 10:57 PM EDT) -- The U.S. Trustee's Office and the founder and former CEO of bankrupt plastic pallet maker iGPS Co. on Friday blasted the company's sale plan, arguing that the $36 million auction floor is too low for a debtor they say could have more than $500 million in assets....

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