For the past five months, Friedman’s Inc. has been been selling off and liquidating its assets through bankruptcy. But a few old scores remain to be settled.
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A lawyer for employees of Vallejo, California filed legal documents in court on Friday challenging city officials who are seeking approval for a rare municipal bankruptcy.
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A spokesman for Chrysler said on Thursday that market rumors of a bankruptcy filing by the privately held automaker were “without merit,” saying the company had ample liquidity.
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