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Noteholders Fight Momentive Bankruptcy Plan In 2nd Circ.

By Matthew Perlman (March 31, 2016, 8:21 PM EDT) -- Noteholders appealing the approval of a closely watched reorganization plan for Momentive Performance Materials Inc., which slashed $3 billion in debt from the company's balance sheet, told the Second Circuit on Wednesday that they were not made whole by the plan and that the other creditors know it....

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