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Creditors Squabble At Online Lender's First Ch. 11 Hearing

By Jeff Montgomery ( October 6, 2022, 4:51 PM EDT) -- Tensions surfaced fast Thursday in Delaware bankruptcy court during the opening Chapter 11 hearing for online lender Kabbage Inc., with the company's top unsecured creditor questioning big shareholder payouts after most of the business was sold in late 2020 for $750 million to American Express....

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