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NY REIT Gets Ch. 11 Plan Confirmed After Deal With Creditors

By Yun Park ( March 26, 2025, 5:50 PM EDT) -- A Delaware bankruptcy judge on Wednesday approved New York-based real estate investment trust JER Investors Trust Inc.'s Chapter 11 plan that calls for about $2.25 million in payments to general unsecured claim holders, following the company's report that it reached a consensus with noteholders that challenged the proposal....

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