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Steel Co. Alleges $7M Debt Dodge In Chancery Court Suit

By Leslie A. Pappas (May 2, 2022, 7:44 PM EDT) -- A flat-rolled steel producer seeking more than $7.35 million for unpaid deliveries sued Black Diamond Capital Management LLC and two affiliates in Delaware Chancery Court, alleging the private equity firm had schemed to avoid liabilities of a steel tube company it bought by transferring its assets to a different company....

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