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SemCrude Ruling Skirted Due Process, Oil Cos. Tell 3rd Circ.

By Linda Chiem (December 19, 2012, 12:41 PM EST) -- A putative class of crude-oil producers led by Luke Oil Co. urged the Third Circuit on Monday to reverse a Delaware bankruptcy court's decision to permanently stay their property rights claims in the 2008 bankruptcy of SemCrude LP, saying they were denied due process....

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