UPDATE 1-Billionaire Rennert, firm must pay $118 mln for looting company -jury

NEW YORK, Feb 27 (Reuters) - Billionaire Ira Rennert and his investment firm were ordered on Friday to pay $118.2 million after being found liable for looting a magnesium company to build one of the...

from Reuters: Bankruptcy News http://ift.tt/18vFTTl