AbitibiBowater Adviser Testifies For Ch. 11 Plan
Stephen Zelin, a senior managing director at Blackstone Advisory Partners, took the stand in the U.S. Bankruptcy Court for the District of Delaware and defended the debtors’ separate treatment of the BCFC noteholders’ $620 contribution claim — the main obstacle to ending the newsprint producer’s 18-month bankruptcy.
The noteholders —...
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