Momentive Can't Use Ch. 11 Plan to Dodge Taxes, Feds Say

Momentive Can't Use Ch. 11 Plan to Dodge Taxes, Feds Say

The U.S. government is afraid that Momentive Performance Materials Inc. will use its proposed Chapter 11 plan to dodge tax liability, asking a U.S. Bankruptcy Court on Wednesday to insert language in the proposal saying the plan cannot be deemed to determine ...read more

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