US Trustee Objects To Rite Aid Disclosure Statement

By Jeff Montgomery (February 23, 2024, 6:38 PM EST) -- The U.S. Trustee's Office has flagged what it called "objectionable" proposals from Rite Aid to hold post-confirmation votes on some Chapter 11 plan releases, as well as shortening senior secured voting and preemptively deeming unsecured creditors as detractors....

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