MatlinPatterson And Creditors Clash On Fund Liquidation

By Rick Archer (April 8, 2022, 6:17 PM EDT) -- MatlinPatterson has hit back against a bid by foreign creditors to convert its Chapter 11 case into a Chapter 7, telling a New York bankruptcy judge Friday the fact a distressed company investment fund was intended to be liquidated is not a good enough reason to grant the request....

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