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Supreme Court Rejects Senate-Watched Two-Step Bankruptcy Case

Supreme Court Rejects Senate-Watched Two-Step Bankruptcy Case

The U.S. Supreme Court has refused to review the Texas two-step bankruptcy of a Georgia-Pacific company. The high court's decision maintains a legal shield that has been criticized by some U.S. senators and state attorneys general for allowing the company to evade lawsuits. A North Carolina bankruptcy court order that…
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