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2nd Circ. Sends Momentive Ch. 11 Back For Interest Revisions

By Vince Sullivan (October 20, 2017, 4:31 PM EDT) -- The Second Circuit reversed one aspect of the confirmed Chapter 11 plan of silicone maker Momentive Performance Materials Inc. on Friday, saying a New York bankruptcy court wrongly calculated the interest due on notes held by senior secured creditors and telling it to try again....

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