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Brazilian Utility Noteholders Stuck With Bleak Reorg Plan

By Andrew Scurria (August 28, 2014, 5:05 PM EDT) -- A New York bankruptcy judge on Wednesday enforced a reorganization plan that pays 25 cents on the dollar to U.S. noteholders in distressed Brazilian utility Rede Energia SA, dashing their claims that the foreign workout offends U.S. bankruptcy principles....

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