Monday, 25 March 2013

Reuters: Business News: Investors ask to withdraw from Chesapeake bond dispute

Reuters: Business News
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
Investors ask to withdraw from Chesapeake bond dispute
Mar 26th 2013, 00:55

NEW YORK (Reuters) - Hedge fund investors challenging Chesapeake Energy Corp's plan to redeem $1.3 billion of notes without paying a $400 million make-whole payment have asked to withdraw from a lawsuit over the matter, allowing a bond trustee to argue on their behalf, according to court papers filed on Monday.

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