Allied's Ch. 11 Auction Called A 'Sham' By Losing Bidder

Allied's Ch. 11 Auction Called A 'Sham' By Losing Bidder

The losing bidder for Allied Systems Holdings Inc. urged a Delaware bankruptcy judge Tuesday to reject a proposed $105 million sale to a pair of private equity firms, saying the car hauler's Chapter 11 auction was a “sham” that ignored ...read more

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