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Navillus Ch. 11 Auction Request Shelved As Mediation Begins

By Alex Wolf (June 26, 2018, 9:04 PM EDT) -- New York construction giant Navillus Tile Inc. elected Tuesday to postpone an effort maligned by creditors to hold an equity auction with an opening bid from its current CEO and owner, heeding a bankruptcy judge's advice to first mediate Chapter 11 plan proposals with stakeholders....

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