Federal Judge Vacates Colonial Bankruptcy Ruling Against FDIC - Amer...

01/06/12

Federal Judge Vacates Colonial Bankruptcy Ruling Against FDIC
American Banker
Instead, the Chapter 11 plan, which was approved last year, created a litigation trust to pursue lawsuits on behalf of creditors. The FDIC says the bankruptcy-related litigation has become a vehicle for hedge funds and other institutions that bought ...

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