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Momentive Make-Whole Ruling Sends Investors Scrambling

By Andrew Scurria (September 5, 2014, 5:12 PM EDT) -- With bankrupt companies like Momentive Performance Materials Inc. finding ways to avoid paying so-called make-whole premiums for swapping out old bonds, experts say that public investors will begin demanding stricter contract language so borrowers can't refinance in Chapter 11 for free....

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