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Tronox Creditors Seek To Dissolve Equity Committee

Law360 (March 30, 2009, 12:00 AM EDT) -- An official committee of unsecured creditors has asked the court overseeing the Chapter 11 proceedings of chemical company Tronox Inc. to dissolve the recently appointed seven-member shareholder committee, arguing that the committees share the same interests.

In a motion filed Friday in the U.S. Bankruptcy Court for the Southern District of New York, the committee asked the court to enter an order to eliminate the committee of equity security holders, arguing that separate representation for the public shareholders is unnecessary, at least for now, given the...
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