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BRIEFLY

November 11, 1987

A federal judge reserved decision on whether to grant Texaco Inc.'s request to disband one of the two creditors' committees in its Chapter 11 bankruptcy case. Following Texaco's Chapter 11 filing last April, two creditors committees were formed, one for general unsecured creditors and the other, known as the industry committee, on which Pennzoil and other oil companies sit as members.

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