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What happens to subsidiaries that did not file chapter 11 and existing debt obligations and financial claims against them?

April 26, 2017chapter 11 debt existing file financial happens obligations subsidiaries

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What happens to subsidiaries that did not file chapter 11 and existing debt obligations and financial claims against them?

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For companies that did not file chapter 11, business generally continues as normal and the bankruptcy laws and processes do not apply to them. Again, a list of operating properties that are not involved in the Company’s filings can be found at www.ggp.com.