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Expert Analysis

Proposals To Reform Ch. 11 Target Secured Creditors

Law360, New York ( December 18, 2014, 1:22 PM EST) -- On Dec. 8, the American Bankruptcy Institute ("ABI") Commission to Study the Reform of Chapter 11 issued a 400-page report recommending wide-ranging changes to Chapter 11 of the Bankruptcy Code. The recommendations in the report are not tweaks to the Bankruptcy Code, but instead represent a drastic departure from what are today considered fundamental principles of bankruptcy law....

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