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Committee Opposes Releases In Orchids Ch. 11 Proposal

By Ryan Boysen (October 11, 2019, 5:48 PM EDT) -- The unsecured creditors of bankrupt paper maker Orchids Paper Products Co. claim its proposed Chapter 11 plan is "fatally flawed" because it includes releases that would prevent creditors from suing Orchids' directors and officers individually, arguing that to even permit a vote on the plan would be a waste of money....

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