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Auto Parts Mogul Must Pay Chase Agent $127M

A federal judge in Detroit has ruled that an auto parts manufacturer accused of failing to make good on a credit agreement must pay more than $127 million and sign over a pair of promissory notes worth $150 million to an administrative agent for JPMorgan Chase Bank, in connection with a complex dispute that spans more than a decade.
Larryj Winget Davidm Lawson Alter Domus Jpmorgan Chase Bank Chase Bank Judge David
Source: law360.com

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