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Phoenix Brands Touts Ch. 11 Plan Ahead Of Confirmation

By Vince Sullivan (December 16, 2016, 8:31 PM EST) -- Laundry detergent maker Phoenix Brands LLC said in a filing made in Delaware on Thursday that a plan to move its remaining assets into a liquidating trust as part of its Chapter 11 plan is the best option for the company's unsecured creditors, who will share in the proceeds of the liquidation for the next two years....

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