MatlinPatterson Can't Sue FedEx Over ATA Deal: Court

By Eric Hornbeck (September 1, 2011, 5:10 PM EDT) -- A New York state appeals court ruled Thursday that an affiliate of private equity firm MatlinPatterson Global Advisers LLC that invested in ATA Airlines Inc. couldn't sue FedEx Corp. for reneging on a deal to share a military contract with ATA, which allegedly sent the airline into bankruptcy....

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