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Merit Transp. Co., LLC, Ch. 11, BK07-82148

A financing arrangement in which the creditor got a super-priority administrative claim was approved. The court said the risk to other admin. claimants was minimized by the creditor's ability to collect receivables so the debtor could reorganize.

Date: 
Tuesday, November 27, 2007
Judge: 
Judge Timothy J. Mahoney (Retired)