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Creditors Blast PE Firm's Release In Angelica Bankruptcy

By Ryan Boysen (August 22, 2017, 7:52 PM EDT) -- The unsecured creditors of Angelica Corp. fought back hard against its proposed Chapter 11 plan's release of claims for Trilantic North America, the debtor's main equity investor, telling a New York bankruptcy court it should not shut the door on potential post-confirmation claims against Trilantic....

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