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Message: Re: Staying Focused
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Jan 04, 2012 12:35PM
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Jan 04, 2012 01:22PM
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Jan 04, 2012 02:36PM

Nomar,

My understanding of the court rules state that 2/3 rds of the creditors must agree on the proposed plan. The noteholders are just one creditor meaning 1 vote and the remaining creditors have 1 vote a piece. So in other words how much money is owed to a creditor is not a factor.

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