Law360, New York (October 2, 2009, 4:22 PM EDT) -- BDC Finance LLC has added to its appeal of a bankruptcy court order approving the sale of most of Metaldyne Corp.'s assets, claiming the auction was really a private mergers and acquisitions negotiation between the Carlyle Group and Solus Investment Funds on one side and the auto parts manufacturer's junior creditor constituencies on the other.
BDC Finance filed a brief in the U.S. District Court for the Southern District of New York on Thursday.
BDC Finance is appealing an Aug. 12 decision by Judge Martin Glenn...
Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.