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GM Bankruptcy Lenders Want $1.5B Clawback Suit Dismissed

By Jonathan Randles ( April 18, 2016, 6:33 PM EDT) -- Attorneys representing hundreds of General Motors' former bankruptcy lenders argued Monday in New York court that a 7-year-old lawsuit seeking to recover $1.5 billion in payments they received from the automaker should be dismissed because the company waited until early 2015 to serve individual creditors with the complaint....

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