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Creditors Object To Mortgages Ltd.'s Land Sale

By Morgan Bettex (May 12, 2009, 12:00 AM EDT) -- The official committee of unsecured creditors in Mortgages Ltd.'s Chapter 11 proceedings has objected to the lender's proposed settlement with an affiliate of its former president, saying creditors have not been given enough time or information to review the deal, which includes a property sale....

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