Law360, New York (November 20, 2009) -- A Texas county has opposed Spansion Inc.’s Chapter 11 reorganization plan because it doesn’t prioritize the $8 million unpaid tax bill the bankrupt flash memory chip maker owes on its property in the state.
Attorneys for Travis County tax collector Nelda Wells Spears objected to the debtor’s Oct. 26 joint reorganization plan Thursday in the U.S. Bankruptcy Court for the District of Delaware, saying...
