Court Greenlights Committee In Delphi Bankruptcy
Appaloosa Management LLC, a hedge fund led by former Goldman Sachs Group executive David Tepper, had spearheaded a fight to make a separate committee because it felt the auto parts maker had not been truthful about its liabilities when it went bankrupt last year.
The hedge fund, which holds 9.3% of Delphi’s shares, had questioned whether Delphi’s financial...
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