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PBGC Opposes Bon-Ton's Ch. 11 Dismissal Bid

By Vince Sullivan ( January 24, 2019, 6:44 PM EST) -- The Pension Benefit Guaranty Corp. on Thursday in Delaware Bankruptcy Court objected to a motion filed by retailer The Bon-Ton Stores Inc. seeking dismissal of its Chapter 11 case without confirming a plan of reorganization or liquidation, saying the motion would permit the debtor to destroy employee records and other documents necessary to administer worker pension plans....

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