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Lamenting the amount of time wasted in the Chapter 11 case of Tavern on the Green, a federal judge last week cleared the way for the liquidation of the famed eatery’s remaining assets. In papers filed last month, the committee of unsecured creditors of Tavern on the Green Limited Partnership accused New York City of “materially interfer[ing] with the Debtors’ effort to maximize the value of their estates” and “caused the estates needlessly to incur millions of dollars in administrative expenses.”

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