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2nd Circ. Won't Revive Platinum Investors' Ch. 7 Challenge

By MJ Koo (August 15, 2024, 8:34 PM EDT) -- A New York bankruptcy court correctly refused to overturn the approval of a $2.5 million settlement in the bankruptcy of a founder of defunct hedge fund Platinum Partners, the Second Circuit ruled Thursday, finding that the approved deal was superior to an alternative offer....

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