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Lender Group Blasts True Religion's Ch. 11 Plan As Unfair

By Rose Krebs (October 2, 2020, 4:15 PM EDT) -- A group of lenders told the Delaware bankruptcy court Thursday it should reject denim retailer True Religion Apparel Inc.'s Chapter 11 plan, saying it violates the Bankruptcy Code's absolute priority rule and unfairly provides a "dramatic windfall" to another creditor at their expense....

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