Fedders Seeks To Avert 'Speculative' Lawsuit
The official committee of unsecured creditors in Fedders' bankruptcy asked for permission to file the lawsuit in January. On Friday, Fedders called the charges “highly speculative.”
The proposed complaint targeted CEO Michael Giordano, as well as the company's directors and four of its outside lenders – Goldman Sachs Credit Partners LP, Bank of America NA,...
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