Judge won't rein in Delphi suit
NEW YORK ยป A bankruptcy judge on Thursday again refused to limit potential damages that the Appaloosa hedge fund may be forced to pay in a fraud lawsuit brought by auto supplier Delphi Corp. Appaloosa Management -- run by Goldman Sachs alum David Tepper -- led a group of investors to inject as much as $2.55 billion into Delphi in exchange for stock. But the investors withdrew from the deal in April, and Delphi sued the following month. (AP)
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