CORRECTED: Stay Ruling In Excel's Bankruptcy Case Overturned

By Erin Marie Daly (September 7, 2007, 12:00 AM EDT) -- An appeals court has overturned a bankruptcy appellate panel's decision to stay arbitration proceedings involving bankrupt Excel Innovation Inc.'s former CEO, ruling that the debtor's likelihood of success in reorganization needs to be balanced against the relative hardship of the parties....

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