DOJ Says Wyly Can't Use Cayman Entity As Ch. 11 Creditor

By Jess Krochtengel ( April 21, 2016, 7:26 PM EDT) -- The U.S. Department of Justice on Wednesday asked a Texas bankruptcy judge overseeing the Chapter 11 bankruptcies of business tycoon Sam Wyly and his sister-in-law to bar a Cayman Island entity controlled by the Wylys from being considered a creditor....

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