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High Court Denies Calif. Appeal In Ch. 11 Trustee Takings Suit

By Jeff Montgomery (October 4, 2021, 3:02 PM EDT) -- The U.S. Supreme Court on Monday refused to hear a California agency's appeal challenging lower court findings that a bankruptcy trustee's inverse condemnation claim trumped state sovereign immunity defenses in the regulatory takeover of oil company land and assets during an offshore spill cleanup....

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