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	<title>Hedge Fund News From HedgeCo.Net &#187; disapproval</title>
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		<title>More Bad News for Hedge Fund Appaloosa</title>
		<link>http://www.hedgeco.net/news/10/2008/more-bad-news-for-hedge-fund-appaloosa.html</link>
		<comments>http://www.hedgeco.net/news/10/2008/more-bad-news-for-hedge-fund-appaloosa.html#comments</comments>
		<pubDate>Fri, 10 Oct 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[appaloosa-management-lp]]></category>
		<category><![CDATA[bankrupty]]></category>
		<category><![CDATA[bastion]]></category>
		<category><![CDATA[brokerages]]></category>
		<category><![CDATA[cayman-government]]></category>
		<category><![CDATA[disapproval]]></category>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Hedge Fund Appaloosa Management may have tried to turn their back on Delphi, but somehow they just can&#8217;t seem to get away.&#160; Ensnarled in a nasty court battle with the Michigan auto parts supplier, the judge is now reconsidering original fraud claims brought against the New Jersey based hedge fund.&#160; Delphi [...]]]></description>
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		<title>Delphi judge moves ahead in Appaloosa fraud case</title>
		<link>http://www.hedgeco.net/news/10/2008/delphi-judge-moves-ahead-in-appaloosa-fraud-case.html</link>
		<comments>http://www.hedgeco.net/news/10/2008/delphi-judge-moves-ahead-in-appaloosa-fraud-case.html#comments</comments>
		<pubDate>Thu, 09 Oct 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[100-million]]></category>
		<category><![CDATA[appaloosa-management-lp]]></category>
		<category><![CDATA[bankrupty]]></category>
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		<category><![CDATA[disapproval]]></category>
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		<category><![CDATA[harbinger]]></category>
		<category><![CDATA[raanan-agus]]></category>

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		<description><![CDATA[Vindicator &#8211; A bankruptcy judge said Wednesday he may let Delphi pursue wider fraud claims against the Appaloosa Management hedge fund, which backed out of a deal to invest $2.55 billion in the auto supplier. Appaloosa had led a group of investors to inject as much as $2.55 billion into Delphi in exchange for stock [...]]]></description>
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		<title>Hedge Fund Fires Back at Delphi, Seeks Damages</title>
		<link>http://www.hedgeco.net/news/09/2008/hedge-fund-fires-back-at-delphi-seeks-damages.html</link>
		<comments>http://www.hedgeco.net/news/09/2008/hedge-fund-fires-back-at-delphi-seeks-damages.html#comments</comments>
		<pubDate>Fri, 05 Sep 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[bankrupty]]></category>
		<category><![CDATA[brokerages]]></category>
		<category><![CDATA[disapproval]]></category>
		<category><![CDATA[due-diligence-service]]></category>
		<category><![CDATA[harbinger]]></category>
		<category><![CDATA[investment-commitments]]></category>
		<category><![CDATA[liquidity]]></category>
		<category><![CDATA[market-risk]]></category>
		<category><![CDATA[mistrust]]></category>
		<category><![CDATA[pergam-finance]]></category>
		<category><![CDATA[takeover]]></category>

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		<description><![CDATA[New York (HedgeCo.Net) &#8211; As if trying to secure $6.1 billion in financing to exit bankruptcy isn&#8217;t enough of a headache, now Delphi has to deal with counterclaims by hedge fund Appaloosa Management who is demanding that the U.S. auto parts supplier pay them $82.5 million in fees plus expenses. Appaloosa claims they are entitled [...]]]></description>
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		<item>
		<title>MILTON BROS. FEEL HEAT ON FUNDS</title>
		<link>http://www.hedgeco.net/news/08/2008/milton-bros-feel-heat-on-funds.html</link>
		<comments>http://www.hedgeco.net/news/08/2008/milton-bros-feel-heat-on-funds.html#comments</comments>
		<pubDate>Mon, 25 Aug 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[adverse-effect]]></category>
		<category><![CDATA[cocktail-party]]></category>
		<category><![CDATA[disapproval]]></category>
		<category><![CDATA[first-avenue]]></category>
		<category><![CDATA[last-spring]]></category>
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		<category><![CDATA[MA]]></category>
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		<category><![CDATA[sentiment-indicators]]></category>
		<category><![CDATA[successes]]></category>
		<category><![CDATA[value-investors]]></category>

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		<description><![CDATA[New York Post &#8211; The heat is getting turned up under Alan and Philip Milton, the brother team that runs Greenwich-based Windmill Management and its embattled SageCrest hedge funds. A lawyer for an investor in the SageCrest II hedge fund is threatening to fight the Miltons&#8217; Chapter 11 filing for the $500 million fund &#8211; [...]]]></description>
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		<title>GM Increases Loan to Delphi by $300 million</title>
		<link>http://www.hedgeco.net/news/08/2008/gm-increases-loan-to-delphi-by-300-million.html</link>
		<comments>http://www.hedgeco.net/news/08/2008/gm-increases-loan-to-delphi-by-300-million.html#comments</comments>
		<pubDate>Fri, 08 Aug 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[auto-parts-supplier]]></category>
		<category><![CDATA[bankruptcy-code]]></category>
		<category><![CDATA[bankrupty]]></category>
		<category><![CDATA[bastion]]></category>
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		<category><![CDATA[disapproval]]></category>
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		<category><![CDATA[harbinger]]></category>
		<category><![CDATA[joseph-gregory]]></category>
		<category><![CDATA[mutual-fund]]></category>
		<category><![CDATA[sub-prime-mortgage]]></category>
		<category><![CDATA[zukin]]></category>

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		<description><![CDATA[New York (HedgeCo.Net) &#8211; While Delphi continues its quest to secure the capital needed to exit bankruptcy, GM has announced they will increase their loan to the auto parts maker to $950 million.&#160; The extra $300 million will help Delphi maintain some liquidity throughout the process. Delphi, who sought bankruptcy protection in October 2005, pulled [...]]]></description>
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		<title>Delphi to Proceed in Suit Against Hedge Fund</title>
		<link>http://www.hedgeco.net/news/07/2008/delphi-to-proceed-in-suit-against-hedge-fund.html</link>
		<comments>http://www.hedgeco.net/news/07/2008/delphi-to-proceed-in-suit-against-hedge-fund.html#comments</comments>
		<pubDate>Tue, 29 Jul 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[appaloosa-management-lp]]></category>
		<category><![CDATA[april-29]]></category>
		<category><![CDATA[bankrupty]]></category>
		<category><![CDATA[bastion]]></category>
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		<category><![CDATA[chief-executive]]></category>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; American auto parts maker Delphi has been given the green light to proceed with their suit against hedge fund Appaloosa Management. U.S. Bankruptcy Judge Robert Drain denied a request by Appaloosa yesterday to dismiss the fraud and breach of contract lawsuit that Delphi had waged against them. Delphi is attempting to [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Delphi creditors join suit against hedge fund</title>
		<link>http://www.hedgeco.net/news/06/2008/delphi-creditors-join-suit-against-hedge-fund.html</link>
		<comments>http://www.hedgeco.net/news/06/2008/delphi-creditors-join-suit-against-hedge-fund.html#comments</comments>
		<pubDate>Mon, 02 Jun 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[100-million]]></category>
		<category><![CDATA[april-29]]></category>
		<category><![CDATA[bankrupty]]></category>
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		<category><![CDATA[last-november]]></category>
		<category><![CDATA[nasdaq]]></category>
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		<category><![CDATA[sub-prime-mortgage]]></category>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Appaloosa Management is getting hit from all angles in their attempt to walk away from the deal they struck with Delphi. The hedge fund is not only being sued by the auto parts maker, but now creditors of Delphi Corp. are seeking to intervene on the case. The lawsuit stems from [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Delphi sues hedge fund after backing out of deal</title>
		<link>http://www.hedgeco.net/news/05/2008/delphi-sues-hedge-fund-after-backing-out-of-deal.html</link>
		<comments>http://www.hedgeco.net/news/05/2008/delphi-sues-hedge-fund-after-backing-out-of-deal.html#comments</comments>
		<pubDate>Mon, 19 May 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[bankrupty]]></category>
		<category><![CDATA[bastion]]></category>
		<category><![CDATA[boston]]></category>
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		<category><![CDATA[summer-intern]]></category>
		<category><![CDATA[ubs-ag]]></category>

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		<description><![CDATA[West Palm Beach (HedgeCo.Net) &#8211; One month after Appaloosa Management backed out of a $2.55 billion deal to help lift Delphi out of Chapter 11, the Troy auto parts supplier is suing the hedge fund for damages. &#34;Our efforts to emerge were seriously undermined when we failed to close because of the actions of Appaloosa [...]]]></description>
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		<slash:comments>0</slash:comments>
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