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Money Laundering and the Long Arm of the IRS 6

American Bancorp.’s Involuntary Bankruptcy: A New Strategy for Investors in Trust-Preferred Securities

Davis Polk – June 5, 2014 The involuntary chapter 11 bankruptcy filing of American Bancorporation (“American”), commenced by a group of distressed debt investors holding American’s trust-preferred securities (“TruPS”), was upheld by the U.S. Bankruptcy …

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