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01/25/2013 03:18:18 PM EST

BNY Mellon Can't Dodge Bondholder Suit Over $8M Settlement

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Law360: Bankruptcy

A Pennsylvania federal judge on Friday refused to toss a class action against Bank of New York Mellon Trust Co. over $8 million in settlement funds it is holding back from bondholders of a bankrupt suburban Philadelphia hospital seeking to recover it. Read More...