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Bankruptcy Judge Shields Beechcraft From Whistleblower Suit

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A bankruptcy judge has thrown out a $2.3 billion whistleblower lawsuit accusing Hawker Beechcraft Inc. of conspiracy involving allegedly defective parts used in planes sold to the U.S. government, the Wall Street Journal’s Bankruptcy Beat blog reported on Saturday. Bankruptcy Judge Stuart M. Bernstein said that plaintiffs missed the deadline for preserving their attempt to recoup money for taxpayers in the company’s bankruptcy, even though the company never sent notice of the date. The whistleblowers should have figured out that the deadline by which they were supposed to assert their lawsuit was one of the few types of actions that would not be erased in the aircraft-maker’s bankruptcy, according to the decision issued on Wednesday by Judge Bernstein.