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Judge Strikes a Blow to SPE Game PDF Print E-mail
Friday, 14 August 2009 11:20
Karl Denninger submits:

That which the lawmakers won't stop, that which the regulators won't stop, the judges just might:

The judge in General Growth Properties Inc.'s bankruptcy case rejected creditors' motions to dismiss several properties from the case, clearing the way for the mall owner to begin talks with its lenders about long-term debt extensions that would eventually allow it to exit bankruptcy court.


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