Daily News: March 20, 2015

Lender Goes on Offense in RadioShack Bankruptcy

The Wall Street Journal reported Harbinger Group’s specialty lending arm has gone on the offensive against other lenders in RadioShack’s bankruptcy case, with a lawsuit that seeks to put a lid on credit bidding at a coming bankruptcy auction.

According to the Journal , Salus Capital Partners, the Harbinger unit that lent money to the troubled retailer, says financing maneuvers last year ran afoul of agreements among RadioShack’s lenders.

To read the entire Journal article, click here.