Invesco lost a bid to regain control of <-bsp-bb-link state="{"bbHref":"bbg://securities/1537907D%20US%20Equity","_id":"00000190-36ef-d497-a7fb-feef48310001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Robertshaw after the firm was stripped of its power to steer the restructuring of the troubled appliance parts maker by rivals <-bsp-bb-link state="{"bbHref":"bbg://securities/0755354D%20US%20Equity","_id":"00000190-36ef-d497-a7fb-feef48320000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Bain Capital, <-rte-company state="{"_id":"00000190-36ef-d497-a7fb-feef48320001","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Eaton Vance Management and <-bsp-bb-link state="{"bbHref":"bbg://securities/830756Z%20US%20Equity","_id":"00000190-36ef-d497-a7fb-feef48320002","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Canyon Capital Advisors.
Judge Christopher Lopez ruled Thursday that Bain, Eaton Vance, Canyon and Robertshaw’s private equity owner <-bsp-bb-link state="{"bbHref":"bbg://securities/0277677D%20US%20Equity","_id":"00000190-36ef-d497-a7fb-feef48340001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">One Rock Capital Partners can continue steering the company’s Chapter 11 restructuring. The ruling is a setback to Invesco, which sued to block a December debt deal — devised by the rival lenders — that effectively pushed Invesco out of the restructuring.
Lopez ruled that ...
