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GMX Investors Blast $50M Ch. 11 Loan As Unfair

By Matt Chiappardi ( April 26, 2013, 5:43 PM EDT) -- A group of preferred shareholders of bankrupt oil and gas producer GMX Resources Inc. became the latest party Thursday to object to the company's request for $50 million in debtor-in-possession financing, arguing that the loan terms give an "unfair advantage" to secured creditors if the firm were to be sold....

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