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American Apparel Litigation Trustee Wants New Ch. 11 Tossed

By Jeff Montgomery (December 9, 2016, 7:27 PM EST) -- A bankruptcy trustee for American Apparel LLC's first Chapter 11 has asked a Delaware judge to shut down with prejudice the company's second bankruptcy action, calling it an "egregious" and prohibited effort to avoid settlement payments required under the first plan....

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