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Congo Says 2003 Letter Acknowledging Debt Isn't Binding

By Pete Brush (September 24, 2015, 7:33 PM EDT) -- The Democratic Republic of Congo sought to wriggle out of a judgment worth $73 million in favor of two creditors Thursday by telling the Second Circuit that its 2003 letter acknowledging the debt wasn't binding under New York law, but the court and the creditors both noted that the contention wasn't raised before....

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