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Revel Cleared to Exit Chapter 11 Protection

U.S. Bankruptcy Court Judge Judith H. Wizmur on May 13 signed off on Revel AC, Inc.’s plan to exit bankruptcy — a plan that will cut more than $1 billion in debt for the gambling company, which first announced its pre-packaged bankruptcy March 25. Judge Wizmur, who also oversaw the 2009 bankruptcy…

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