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Del. Judge OKs KaloBios Ch. 11 Disclosure, Investor Pact

By Jeff Montgomery (May 6, 2016, 9:21 PM EDT) -- KaloBios Pharmaceuticals, formerly helmed by indicted CEO Martin Shkreli, won approval for its Chapter 11 disclosure and schedule Friday, after approval of a settlement with prepetition equity buyers and the temporary sidelining of recovery efforts by a former director who also invested days before the company's collapse....

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