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  • Asian Bond Investors: Beware Asian Legal Systems [View article]
    How is it different from GM asking bond holders forgive 2/3 of the debt. A company needs refinance or BK bond holders get hurt either way. Bond holders get paid after accounts payable and other senior debts.

    Asia's bankruptcy law just fine.
    Feb 24 06:45 am |Rating: 0 -2 |Link to Comment
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