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Maxus Energy's Creditors Blast DIP Loan As Scheme By Parent

By Matt Chiappardi (August 4, 2016, 9:41 PM EDT) -- Creditors of Maxus Energy Corp., which filed for Chapter 11 just days ahead of a New Jersey trial over the cleanup bill for toxins dumped in the Passaic River, attacked the company's $63 million post-petition loan Thursday, arguing it's a first step toward Maxus' parent avoiding significant environmental liabilities....

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