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HSBC Hit With $245M Suit In China Fishery Ch. 11 Case

By Alex Wolf (July 2, 2018, 5:42 PM EDT) -- The Chapter 11 trustee for China Fishery Group Ltd.'s Peruvian operating companies launched a $245 million suit against HSBC in New York bankruptcy court Friday, claiming the bank diminished the value of the fishery businesses by interfering in operations and causing the temporary, but unwarranted, appointment of liquidators....

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