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News 2026-09-28 23:54 UTC

Brightline Creditors Object to $258 Million Bankruptcy Loan — WSJ

By Samantha KroontjeA fund co-managed by investment firms Knighthead Capital Management and Certares Management objected Sunday to Brightline's proposed $258 million bankruptcy loan, saying the financing could impede their lawsuit over an alleged fraudulent asset transfer.Brightline, owned by priva…