Murky Waters After Bayou Reversal

Law360 ( November 2, 2010, 3:42 PM EDT) -- In a partial reversal of a decision from Bayou Group LLC's bankruptcy case, the U.S. District Court for the Southern District of New York reconsidered a controversial ruling that sent shivers down the spines of institutional investors in 2008. See In re Bayou Group LLC, No. 09 Civ. 02577 (S.D.N.Y. Sept. 17, 2010)....

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