Hong Kong Co. Seeks Ch. 15 Recognition Of $500M Scheme
By Vince Sullivan ( April 7, 2016, 6:37 PM EDT) -- Bankrupt coal trader Winsway Enterprises Holdings Ltd. filed a petition in New York federal court Wednesday seeking American recognition of a restructuring scheme that is pending in Hong Kong to help rework $350 million of outstanding notes and interest the company can't pay because of depressed coal prices....
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