Bankruptcy Watchdog Backs Tossing Global NAPs Ch. 11

By Matt Chiappardi (October 29, 2014, 8:07 PM EDT) -- The federal bankruptcy watchdog threw its support Wednesday behind bids to throw out Global NAPs Inc.'s Chapter 11 petition, arguing creditors will be better served by the receivership in Massachusetts, already in its fourth year, and that the debtor filed in "bad faith."...

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