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Fed. Judge Affirms $37M Escrow, Yacht Rulings In Guo Ch. 11

By Aaron Keller ( August 23, 2024, 8:29 PM EDT) -- A Connecticut federal judge on Friday upheld bankruptcy rulings placing a $37 million escrow account and a $23 million yacht under the control of Chinese exile and convicted fraudster Miles Guo's Chapter 11 trustee, agreeing that a holding company was Guo's alter ego and approving the trustee's veil piercing maneuver....

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