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Bankruptcy Court Weighs Interest Rates In Solvent Ch. 11

By Lance Duroni (April 28, 2015, 4:26 PM EDT) -- In an unusual case where a bankrupt company has more than enough cash to pay its debts, the Chapter 11 trustee for a Chicago real estate holding company argued Tuesday that unsecured creditors should be paid only the meager federal judgment interest rate, rather than the contract rate, on their claims....

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