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ONE OF THE CREDITORS OF ABC CORPORATION OBJECTED TO THE DECISION OF THE BOARD TO DISTRIBUTE ALL ITS ASSETS TO THE STOCKHOLDERS AS IT HAS
ONE OF THE CREDITORS OF ABC CORPORATION OBJECTED TO THE DECISION OF THE BOARD TO DISTRIBUTE ALL ITS ASSETS TO THE STOCKHOLDERS AS IT HAS BEEN ENCOUNTERING FINANCIAL DIFFICULTIES FOR MORE THAN TWO YEARS. BASED ON THEIR ASSESSMENTS, THEIR BUSINESS IS NO LONGER VIABLE AND FEASIBLE.
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