Jan 26
Blog Post: Bancomext Seeks Probe Of $550M In Pre-Ch. 11 M&G Transfers
by Anonymous
Mexico’s development bank has asked the Delaware judge handling M&G USA Corp.’s Chapter 11 to authorize an examination of transfers between nondebtor affiliate sites in Mexico and M&G’s bankrupt businesses, saying as much as $550 million might have gone to debtor companies improperly.
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