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Longview Seeks to Send Latest Plan to Creditors

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Longview Power LLC, a West Virginia power plant built at a cost of $2 billion, is seeking a judge's permission to continue to rally support for its latest chapter 11 plan as well as permission to extend the period in which it alone can solicit votes on the plan without interference from outsiders, Dow Jones Daily Bankruptcy Review reported today. At a key hearing today, Bankruptcy Judge Brendan Shannon will consider Longview's requests, which face resistance from two major creditors and an insurance company. The creditors, contractors tied up in long-standing disputes over disrupted operations at the plant, both said that Longview's proposed supplemental chapter 11 plan materials are not ready to be sent out to creditors.