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Bayou Wins Right To Sue 'Redeemer Defendants'

By Marc Tracy ( August 13, 2007, 12:00 AM EDT) -- The judge overseeing Bayou Group LLC's Chapter 11 proceedings has affirmed the legitimacy of a central component of Bayou's recovery plan—the 119 fraudulent transfer lawsuits it has filed against those who redeemed their investments from Bayou before it imploded....

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