High Court Asked To Strike Down Bankrupt Lab's $31M Suit
By Hannah Albarazi ( August 13, 2021, 6:39 PM EDT) -- Investment funds affiliated with Behrman Capital and Apollo Global urged the U.S. Supreme Court Thursday to overturn an Eleventh Circuit decision reinstating a bankruptcy trustee's attempt to recoup a defunct blood-testing company's $31 million dividend payout, arguing that the panel disregarded nearly century-old precedent on the derivative jurisdiction doctrine....
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