Judge Merges Crescent Creditors' Suits Over $1.6B Duke Deal
By Lance Duroni ( March 23, 2012, 7:10 PM EDT) -- A Texas federal judge on Thursday consolidated and removed from bankruptcy court several suits filed on behalf of Crescent Resources LLC creditors over a 2006 debt transaction involving investment banks that allegedly left the company insolvent while parent Duke Energy Corp. raked in $1.6 billion....
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