Objections Filed By Musicland's Tax Claimants
The city of Memphis, Tenn., several local Texas tax authorities, the Connecticut Department of Revenue Services and Michigan’s Department of Treasury have all filed objections asking the court to reject Musicland's plan.
Many of the objections state that the proposed interest rates Musicland would pay on the claims at issue are too low.
While Article 3, Section F of Musicland’s...
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