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Wyly Wife Seeks Ch. 11 Protection In Face Of $101M SEC Debt

By Stewart Bishop (October 23, 2014, 5:15 PM EDT) -- The widow of Charles Wyly Jr. filed for bankruptcy protection Thursday, in the wake of a judgment worth hundreds of millions of dollars against the estate of the late Texas tycoon and his brother, Sam Wyly, for allegedly using secretive offshore trusts to trade stocks while evading taxes....

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