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Private Equities Seek Chancery Ouster Of Conflicted Trustees

By Jeff Montgomery ( March 7, 2022, 7:21 PM EST) -- A private equity group has sued to obtain a Delaware Chancery Court order removing two advisers the group says failed to properly manage the assets of trusts it formed to monetize $500 million worth of securities, amid warnings that a holding company key to the disputed plan is now considering bankruptcy. . . .

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