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State Law Preempted In Suit V. Dana Board: 6th Circ.

By Brendan Pierson (January 20, 2009, 12:00 AM EST) -- A federal appeals court has affirmed the dismissal of a former shareholder's lawsuit against the board of recently reorganized auto parts maker Dana Corp., finding that federal bankruptcy law preempts the plaintiff's state law claim for breach of fiduciary duty....

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