Smurfit-Stone Trustee Balks At Equity Committee Bid
In an objection filed Sept. 23 in the U.S. Bankruptcy Court for the District of Delaware, U.S. Trustee Roberta A. DeAngelis said Caspian failed to demonstrate that equity holders would receive a distribution from the estate and that their concerns would be ignored without the appointment of a committee.
“Caspian is a sophisticated...
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