Bankruptcy is a fairly straightforward proposition when a business goes belly up: A judge oversees the process of determining how much the debtor can pay and how much each creditor will be paid in the reorganization.

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Earlier this month, the judge ruled the consultation process which led to the decision was unfair and legally flawed.

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The judge agreed that the process would take a "considerable period of time" and extended the period of the confiscation application by another three months.

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