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Car Hauler Fails To Prove Damages In Ch. 11 Breach Suit

By Vince Sullivan (May 3, 2022, 5:53 PM EDT) -- The litigation trustee in the Chapter 11 case of car hauler Allied Systems Holdings Inc. successfully proved that a senior lender breached its fiduciary duties to the debtor by trying to get a better price for itself in prebankruptcy debt sale negotiations, but failed to prove any damages were warranted....

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