Appaloosa Sets The Stage For Dana Appeal Brawl

Law360, New York (August 24, 2007, 12:00 AM EDT) -- Unwilling to accept defeat, Appaloosa Management LP has submitted its statement of the issues to be presented to the Manhattan district court as the hedge fund appeals the New York bankruptcy court's recent decision to endorse Dana Corp's financing agreement with an outside investment firm.

On Thursday, Appaloosa designated the so-called record on appeal to the U.S. District Court of the Southern District of New York, signaling its renewed intention to fight a hotly contested deal between the bankrupt auto parts maker, its workers and the...
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