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Aussie Court Orders Costs In $8M China Loan Arbitration Row

By Jack Newsham (July 28, 2016, 6:29 PM EDT) -- A Chinese borrower and his guarantors who defaulted on a 50 million renminbi ($7.5 million) loan, took the matter to arbitration and raised meritless challenges to it in court must pay the lender's legal costs, an Australian federal judge ruled Wednesday....

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