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Expert Analysis

On The Verge Of Fraudulent Transfer Litigation

Law360, New York (March 21, 2013, 11:14 AM EDT) -- It appears that the latest effort to undo a failed leveraged buyout is about to get underway. Boston Generating LLC filed bankruptcy in August 2010 in the wake of a failed leveraged buyout. A plan was confirmed in August 2011, which established a liquidating trust whose only assets are litigation claims, including claims against the former equity holders whose membership units were repurchased and warrants were redeemed as part of the buyout....

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