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Aralez, Proposed Buyer Pan Creditors' Ch. 11 Sale Challenge

By Ryan Boysen (December 3, 2018, 8:22 PM EST) -- Bankrupt Aralez Pharmaceuticals Inc. and its buyer-to-be Deerfield Management Co. fired back on Monday against unsecured creditors' efforts to derail a proposed $250 million asset sale by converting $75 million of Deerfield's debt into worthless equity, saying the unsecured creditors had failed to apply the relevant legal standard for conversion....

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