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RCS Capital Gains First Ch. 11 OKs On $1.4B Debt Rework

By Jeff Montgomery (February 2, 2016, 8:31 PM EST) -- Broker-dealer holding company RCS Capital Corp. cleared its first court appearance in Delaware on a short-fused Chapter 11 rework of its $1.4 billion in liabilities on Monday, winning key interim approvals but putting off until Friday the filing of its pivotal bankruptcy disclosure statement....

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