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Judge Rejects Vivus' Ch. 11 Plan, Wants Equity Panel Formed

By Jeff Montgomery (September 11, 2020, 11:54 AM EDT) -- Saying that a lack of management testimony on key plan issues was "fatal," a Delaware bankruptcy judge on Friday rejected a Chapter 11 plan offered by biopharmaceutical venture Vivus Inc. and ordered the addition of a stockholder committee to the company's future plan-drafting efforts....

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