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SEC Balks At Broad Releases In Emerge Energy Ch. 11 Plan

By Vince Sullivan (August 26, 2019, 5:10 PM EDT) -- The U.S. Securities and Exchange Commission objected to the proposed Chapter 11 plan of frac sand miner Emerge Energy Services LP on Saturday, saying releases included in the plan would absolve nondebtors of liability and are impermissible under the bankruptcy code....

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