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Del. High Court Denies Standing To Defunct LLC's Creditor

By Eric Hornbeck ( September 2, 2011, 7:54 PM EDT) -- Delaware's high court tossed a lawsuit Friday brought by a creditor who loaned $34.2 million to fuel now-bankrupt JetDirect Aviation Holdings LLC's acquisition spree, ruling that a creditor of a bankrupt limited liability company can't file a derivative suit against it....

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