Defendant in securities class action went into Chapter 11. The successor entity (against whom the class action was allowed to proceed to the extent of available insurance coverage) allowed the e-mails of key participants to be destroyed. An adverse inference and monetary sanctions were awarded. See In re NTL Securities Litigation, No. 02-3013, 2007 WL 241344 (S.D.N.Y. Jan. 30, 2007).
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