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Basell Noteholders Sue BNY Mellon Over Lyondell Deal

By Derek Hawkins (September 15, 2010, 8:05 PM EDT) -- Holders of some $500 million in Basell AF SCA's notes have filed a breach of contract suit against Bank of New York Mellon Corp., claiming it never should have let Basell's leveraged buyout of Lyondell Chemical Co. proceed....

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