Del. Judge Will Address Maxus Ch. 11 Asset Stripping Case
By Rose Krebs ( February 26, 2019, 11:31 PM EST) -- A Delaware federal judge on Monday denied a request that he not weigh in on an asset stripping case brought by Chapter 11 debtor Maxus Energy Corp.'s trustee seeking up to $14 billion in fraudulent transfer and other liability damages against its parents, ruling that abstaining would "potentially compromise" creditors' recovery....
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