2nd Circ. Partially Upholds Tribune Advisers' MDL Dismissal

By Rick Archer (August 20, 2021, 4:45 PM EDT) -- The Second Circuit on Friday partially upheld a district court's dismissal of claims against six firms that advised on the 2007 buyout of Tribune Co., finding that the firms did not breach their fiduciary duty but that Tribune's Chapter 11 trustee can try to claw back some of their fees....

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