South Korea's Daewoo Runs For Cover Under Ch. 15
Hyung-Ha Lee, the court-appointed Trustee in Daewoo’s foreign bankruptcy, submitted the filing in the U.S. District Court for the Southern District of New York to stave off U.S. creditors from closing in on the company’s assets while its Korean bankruptcy is pending.
U.S. creditor DWHK Recovery Co. brought a suit against Daewoo in New York state...
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