Del. Ch. 11 Judge Keeps Alive Haggen Asset-Stripping Suit

Published: 5/10/2017
Del. Ch. 11 Judge Keeps Alive Haggen Asset-Stripping Suit
Source: WWW.LAW360.COM

A Delaware bankruptcy judge refused Tuesday to shut down part of a creditor committee’s lawsuit seeking to reunite the supermarket and property assets of bankrupt Haggen Holdings LLC, saying a trial is needed to better understand the rationale behind the corporate structure devised by former principal stakeholder Comvest Partners.

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