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How did Owens Corning determine who gets what and how much?

April 26, 2017determine owens corning

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How did Owens Corning determine who gets what and how much?

1 Answer

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10 Posted

Distributions to our creditors were determined first by United States Bankruptcy Court rules, which dictate the order in which creditors are entitled to be paid. Using those guidelines, we held extensive negotiations with our creditors that resulted in this agreement.