Gambling Co. Blasts 7th Circ.'s Ch. 11 Safe Harbor Ruling

By Alex Wolf (July 21, 2017, 9:29 PM EDT) -- A former racetrack and casino shareholder has launched the opening salvo in a U.S. Supreme Court dispute over whether bankruptcy safe-harbor transfers to financial institutions include those where the institutions didn't directly benefit, arguing that Congress intended to keep these transactions shielded from clawback....

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