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Page 12 - Doug Kelley News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Bankruptcy judge orders trial for BMO Harris Bank in Tom Petters case

U.S. Bankruptcy Judge Kathleen Sanberg concluded BMO Harris Bank lied, gave the court "false and misleading" testimony and "intentionally destroyed and failed to preserve the Minnesota e-mail backup tapes."

Partner buys out Petters share of Business Impact Group

Chanhassen businessman Paul Taunton is buying out Tom Petters 50 percent stake in their jointly owned marketing company Business Impact Group (BIG) for $550,000.

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