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Monica Barnard

Jul 9 2007, 11:38 AM

Co C will close its doors on 9/30/07. We have known this for about a year. We are preparing to distribute. The plan allows loans. Can we have a black out period for loans only from, say 8/15 to 9/30? Or would it be recommended to amend the plan so that loans are no longer allowed?
Thanks

JanetM

Jul 9 2007, 01:23 PM

I would have sponsor amend the plan now to ban future loans.

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