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Home / Opinion Digests / Secured Banks Get Vote on Proposed Plan (access required)

Secured Banks Get Vote on Proposed Plan (access required)

In this Chapter 11 bankruptcy proceeding by a collection of entities that owns 75 acres near a Metro stop under construction near Dulles Airport, the Alexandria U.S. Bankruptcy Court says the banks with the security interests, not the creditor, have the right to vote on the proposed Chapter 11 plan and to decide about any ...

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