Objections Continue To Stack Up Against Dura

Law360, New York (December 3, 2007, 12:00 AM EST) -- With a confirmation hearing only days away, a senior noteholder has added his voice to the chorus of dissent surrounding Dura's reorganization plan, arguing that the Chapter 11 plan fails to account for “the little guy.”

On Monday, bondholder Douglas Stevens sent a strongly worded letter to U.S. Bankruptcy Judge Kevin Carey, protesting the proposal that intends to leave him and the other 9% note holders with nothing.

“I am chagrinned to find that I received further documentation indicating that I, as a holder of the...
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