BDC Says It Got Short Shrift In Metaldyne Asset Sale

Law360, New York (October 2, 2009, 4:22 PM EDT) -- BDC Finance LLC has added to its appeal of a bankruptcy court order approving the sale of most of Metaldyne Corp.'s assets, claiming the auction was really a private mergers and acquisitions negotiation between the Carlyle Group and Solus Investment Funds on one side and the auto parts manufacturer's junior creditor constituencies on the other.

BDC Finance filed a brief in the U.S. District Court for the Southern District of New York on Thursday.

BDC Finance is appealing an Aug. 12 decision by Judge Martin Glenn...
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