Court Rules In Long-Running Trace Intl. Appeal
By Ben James ( June 26, 2009, 12:00 AM EDT) -- A district judge has ruled that a bankruptcy court abused its discretion by judicially estopping the Chapter 7 trustee for Trace International Holdings Inc. from classifying payments from Trace to Dow Chemical Inc. stemming from a loan and stock transaction as dividends rather than liabilities....
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