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Remington's Nonconsensual Releases Not Allowed, SEC Says

By Vince Sullivan (April 26, 2018, 8:33 PM EDT) -- The U.S. Securities and Exchange Commission objected Thursday in Delaware to the releases included in the proposed Chapter 11 plan of bankrupt arms maker Remington Outdoor Co. Inc., saying they include third-party releases to nondebtors without the consent of creditors....

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