Molycorp Creditors Attack Oaktree's `Monopoly Money' Debt Claim

  • Bankrupt miner may pay fund $374 million on $200 million loan
  • Junior creditors accuse Molycorp of rigging asset auction

After two months of mediation, Molycorp Inc. is due in court Friday to confront bondholders who say the rare earths miner is rigging its bankruptcy so lender Oaktree Capital Management LP can collect about $374 million on $200 million in loans.

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