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Black Diamond Capital Affiliate to Face Sham-Auction Claims

An affiliate of Black Diamond Capital Management LLC, the investment firm run by billionaire Stephen Deckoff, lost its bid Tuesday to end litigation in Delaware over an alleged scheme to place another portfolio company’s assets beyond the reach of a major creditor.

Universal Health s Trifling Investor Settlement Gets Rejected

Universal Health Services Inc. board members and the shareholder who challenged certain insider stock options must go back to the drawing board if they want to settle their court fight, a Delaware judge ruled Thursday.

Current Bounds on Books and Records Demands | Skadden, Arps, Slate, Meagher & Flom LLP

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