Jan 25

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Blog Post: Lyondell Trustee Can't Claw Back $300M Payment To PE Mogul

by Anonymous

A New York federal judge on Wednesday found the trustee of bankrupt Lyondell Chemical Co. can’t claw back $300 million in credit line repayments from private equity mogul Leonard Blavatnik but can bump its breach of contract damages from $8 million to $12 million.
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