Bankrupt Arcapita Says Claims Of More Than $23.03 Million Should Be Disallowed

NEW YORK - The reorganized version of bankrupt Arcapita Bank B.S.C. on Nov. 7 filed an omnibus brief in the U.S. Bankruptcy Court for the Southern District of New York, contending that $23,036,633 in claims against the bankruptcy estate asserted by three creditors should be disallowed on grounds that they are equity interest claims (In Re: Arcapita Bank B.S.C., No. 12-11076, Chapter 11, S.D. N.Y. Bkcy.).

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