Posted: Wed., Jan. 29, 1997

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Work it out, Marvel told

A U.S. bankruptcy court judge urged feuding Marvel Entertainment Group bondholders and controlling shareholder Ronald Perelman to work out their differences and report back to her next week so creditors can pro-ceed to vote on the beleaguered comics and trading-card company's Chapter 11 reorganization plan.

A hearing on the plan remains set for March 7, but disputes concerning a disclosure statement that lays out terms of the reorganization must be settled before a vote is taken.

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