Thu 04/11/2024 16:52 PM
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The emotionally charged three-day trial on multiple calls to appoint a chapter 11 trustee in the Eletson Holdings cases concluded today with Judge John P. Mastando III hearing the parties’ closing arguments. The movants focused on allegations of fraud against the debtors’ equity owners, while the debtors and equity continued their attacks on their “existential enemy,” Murchison Capital, which they accuse of scheming to steal the company.

The debtors face three...
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