Judge Trims Suit Against Verizon Over Spinoff Transactions

By Kaitlin Ugolik (August 1, 2012, 4:02 PM EDT) -- A Texas federal judge on Tuesday partially granted a motion to dismiss a suit against Verizon Communications Inc. accusing it of defrauding creditors by spinning off Idearc Inc.  and driving the company into bankruptcy, preserving fraudulent transfer and promoter liability claims....

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