Bear funds denied bankruptcy protection
A judge denied bankruptcy protection for its two failed hedge funds and refused to protect the firm from U.S. lawsuits.
A U.S. judge denied Bear Stearns Cos. Inc. bankruptcy protection for two failed hedge funds and refused to grant protection from U.S. lawsuits.
The New York-based firm was, however, given 30 days to refile before investors can seize the funds' assets.
Judge Burton Lifland of the U.S. Bankruptcy C
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