MIG Creditors Want Assurances $72M Sale Will Follow Plan

Law360, New York (June 16, 2017, 6:11 PM EDT) -- The committee of unsecured creditors for bankrupt telecommunications holding company MIG LLC filed an objection to a proposed $72 million asset sale on Thursday, asking a Delaware bankruptcy judge to ensure that the deal would fall in line with MIG’s Chapter 11 plan.

The unsecured creditors said they did not oppose the sale proposal as a whole but are concerned about whether the sale falls in line with the plan of reorganization, whether funds have been set aside for administrative and priority claims and professional fees,...
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Case Title

MIG, LLC


Case Number

1:14-bk-11605

Court

Delaware

Nature of Suit

Date Filed

June 30, 2014

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