Del. Judge Rejects Stockholder Call To Dismiss Pace Ch. 11

By Jeff Montgomery (May 5, 2020, 2:50 PM EDT) -- In a potential first, a bankruptcy judge in Delaware on Tuesday refused to dismiss Pace Industries' Chapter 11 case on the demand of a shareholder who claimed a negotiated blocking right, saying approval would ignore both shareholder fiduciary duty and the debtor's constitutional rights....

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