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Boomerang Tube Judge Won't Confirm Ch. 11 Plan

By Matt Chiappardi (November 9, 2015, 9:04 PM EST) -- A Delaware bankruptcy judge rejected oil and gas pipe maker Boomerang Tube LLC's Chapter 11 plan Monday, siding with protesting unsecured creditors who argued that the enterprise value of the company did not jibe with a reorganization strategy that left them with practically no recovery....

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