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Two broadband companies under bankruptcy court protection are fighting over who gets the proceeds from the sale of one company's assets. Atlanta-based NetRail wants the court to allow it to sell off its assets while it litigates claims against one-time merger partner 360networks (USA), which had loaned NetRail money to keep it afloat, but then backed out of the merger deal, according to NetRail.
February 06, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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