Finlay Noteholders Oppose Creditors' Discovery Bid

Law360, New York (October 26, 2009, 6:07 PM EDT) -- Harbinger Capital Partners Special Situations Fund LP, a senior noteholder of jeweler Finlay Enterprises Inc., and HSBC Bank USA National, trustee for a group of noteholders, have objected to a motion by Finlay's unsecured creditors to examine Harbinger, HSBC, Finlay and others in connection with a prebankruptcy debt restructuring.

In motions filed Friday in the U.S. Bankruptcy Court for the Southern District of New York, Harvinger and HSBC asked the court to deny a motion for discovery under Rule 2004 of the Bankruptcy Code the committee...
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