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Raser's Ch. 11 Plan Strips Creditors Of Rights: SEC

By Lisa Uhlman ( August 25, 2011, 5:50 PM EDT) -- The U.S. Securities and Exchange Commission objected Wednesday to Raser Technologies Inc.'s amended Chapter 11 liquidation plan in Delaware bankruptcy court, saying the plan would wrongly discharge nondebtors who were still liable to the defunct geothermal energy company's creditors....

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