Pipe Maker PSL-NA's Creditor Balks At $100M Sale Plan

By Matt Chiappardi (July 8, 2014, 8:11 PM EDT) -- One of bankrupt PSL-North America LLC's prepetition creditors took issue Tuesday with the pipe manufacturer's plan for a $100 million stalking horse sale to Jindal Tubular USA LLC, arguing the transaction will deeply impair its secured claim and turn the case's lien priorities on their head....

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