KIT Digital Judge Says Ch. 11 Equity Rule Bests $15M Claim

KIT Digital Judge Says Ch. 11 Equity Rule Bests $15M Claim

A New York bankruptcy judge on Thursday said KIT Digital Inc. may subordinate a $15.5 million claim below all others because the claim arises from a securities purchase agreement, making it a lower priority than claims from other creditors. ...read more

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