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Advantage Seeks Del. Court OK For Ch. 11 Liquidation

By Leslie A. Pappas ( December 9, 2021, 5:09 PM EST) -- The former parent of Advantage Rent A Car and its bankrupt affiliates will seek approval Friday of a Chapter 11 plan to liquidate all remaining assets, asking a Delaware bankruptcy court to overrule objections from the Office of the U.S. Trustee that the plan would absolve too many nonfiduciary parties of liability....

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