Banks Look To Sink Millennium Trustee's $35M Clawback Suit
By Vince Sullivan ( December 6, 2018, 8:40 PM EST) -- A group of banks that facilitated a $1.8 billion recapitalization dividend transaction for reorganized debtor Millennium Lab Holdings II LLC in 2014 told a Delaware bankruptcy judge Thursday that an estate trustee's clawback action seeking recovery of $35.3 million in fees paid to the banks should be dismissed....
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