Equity Holdouts Lose $18M Claim In Ruby Tuesday Ch. 11 : vim

Equity Holdouts Lose $18M Claim In Ruby Tuesday Ch. 11

A pair of equity holders that declined to participate in Ruby Tuesday's 2017 take-private transaction lost out on the chance to share in unsecured recoveries in the company's Chapter 11 case, with a Delaware judge ruling Wednesday their $18 million in stock appraisal claims are not entitled to a recovery.

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