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M&G Creditors Say $100M DIP Loan Could 'Cripple' Case

By Matt Chiappardi (December 7, 2017, 4:15 PM EST) -- The official committee of unsecured creditors in M&G USA Corp.'s Chapter 11 took sharp aim late Wednesday at the plastics company's proposed $100 million post-petition financing package, arguing that it would "cripple" the bankruptcy estate and allow the prepetition senior lender to "take its collateral and run."...

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