Katy Creditors Challenge Secured Debt Claims In Sale Deal
By Vince Sullivan ( July 26, 2017, 9:45 PM EDT) -- The official committee of unsecured creditors in the Chapter 11 case of Katy Industries Inc. filed an adversary complaint Tuesday challenging the validity of the company's second-lien debt and its lender's purchase of Katy's assets using a credit bid on those secured claims....
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