Newbury Ch. 11 Auction Nets $137M, Possible Exit For Case

By Jeff Montgomery (June 29, 2016, 4:40 PM EDT) -- Bankruptcy auctions have produced a potential $137 million in cash or creditor claim offsets for Newbury Common Associates LLC's hybrid Chapter 11, company officials said Wednesday in Delaware federal court, raising hopes that the often contentious Stamford, Connecticut, case will reach a nontraditional exit....

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