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Austrian Co. Fights To Exit GM Suit Over $1.5B Loan

By Alex Wolf (February 14, 2017, 7:30 PM EST) -- An Austrian company fighting a lawsuit targeting hundreds of General Motors' former bank lenders to recover transfers related to a $1.5 billion term loan told a New York bankruptcy court on Tuesday that it should be dismissed from the case because it cannot be corralled under the court's jurisdiction....

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