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$155M Transfers OK'd On Appeal In Detroit Casino's Ch. 11

By Cara Salvatore (January 24, 2018, 10:09 PM EST) -- A Michigan federal court on Tuesday approved prebankruptcy transfers of $155 million from downtown Detroit's Greektown Casino to two couples who had years earlier owned a large indirect stake, disregarding the protests of the bankruptcy trustee and saying a safe harbor applied to the transaction considered in context....

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