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Suntech Will Contest Involuntary Ch. 7 Filing In NY Court

By Stephanie Russell-Kraft (October 31, 2013, 12:07 PM EDT) -- Solar panel manufacturer Suntech Power Holdings Co. Ltd., whose main subsidiary has already initiated bankruptcy proceedings in China, said Thursday that it intends to challenge the petition for involuntary bankruptcy filed against it by a group of U.S. bondholders in New York bankruptcy court....

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