DPC Investors' Fraud Claims Cuffed By Ch. 11: 5th Circ.

By Samuel Howard (June 17, 2011, 4:20 PM EDT) -- The Fifth Circuit on Thursday ruled that the confirmation of Davis Petroleum Corp.'s reorganization plan barred former shareholders from pursuing fraud claims against Sankaty Advisors LLC and other investors that allegedly bought the company at a cut-rate price....

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