$65.4M Ruling In IPO Suit Sends CDC Corp. To Ch. 11
By Sindhu Sundar ( October 5, 2011, 10:49 PM EDT) -- Enterprise software company CDC Corp. filed for bankruptcy in Georgia on Tuesday to "protect" its creditors and shareholders from a New York state court ruling ordering it to pay almost $65.4 million to its largest unsecured creditor in a dispute over CDC's failed IPO....
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