Maxus Energy's Unsecured Creditors Lambaste Ch. 11 Plan

By Matt Chiappardi ( January 27, 2017, 8:12 PM EST) -- Unsecured creditors of Maxus Energy Corp., whose bankruptcy filing halted a New Jersey trial over Passaic River remediation, tore into the debtor's Chapter 11 plan on Friday, calling it "patently unconfirmable" and arguing that soliciting creditor votes would be an "utter waste of time and money."...

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