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A tentative c-day is typically established by a court order related to a Chapter 11 bankruptcy case. This order, often referred to as a "tentative confirmation order," sets a date for the confirmation hearing of a proposed reorganization plan. It allows the debtor to proceed with the plan while ensuring that creditors and stakeholders have the opportunity to review and respond to the proposals outlined in the plan. This process is crucial for facilitating the reorganization of the debtor's finances.

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4w ago

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