Renco Bondholder Suit Aims To Thwart $211M Judgment
By Jonathan Randles ( May 27, 2016, 3:02 PM EDT) -- Business magnate Ira Rennert's Renco Group Inc. filed a lawsuit Friday in New York that seeks to thwart bondholders' ability to collect on a $211 million judgment over allegations that Rennert and his investment holding firm helped drive the company's magnesium production unit MagCorp into bankruptcy....
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