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Panasonic Loses Top Status For $9M Circuit City Claim

By Christie Smythe (April 9, 2010, 1:37 PM EDT) -- A judge has thrown out Panasonic Corp. of North America's $9.3 million administrative claim in the bankruptcy of Circuit City Stores Inc., finding that the electronics maker is ineligible for the high-priority status available to certain vendors because of the terms of a consignment agreement....

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