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Verso Hindered In Quest For $775M DIP Funding Approval

By Jeff Montgomery (February 25, 2016, 6:29 PM EST) -- Disputes over bankruptcy plan challenge rights and other issues tripped up Verso Corp.'s bid for approval of a $775 million Chapter 11 debtor-in-possession financing deal Thursday, forcing the big paper company and its creditors toward an unplanned argument hearing in Delaware bankruptcy court on Tuesday....

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