Azeri Bank's Restructuring Under Fire In Ch. 15 Hearing
By Alex Wolf ( June 21, 2017, 9:22 PM EDT) -- Azerbaijan's largest commercial bank was left in a holding pattern Wednesday after a New York bankruptcy judge said he needs more time to mull a noteholder group's complaint against granting the lender U.S. legal protections under Chapter 15 while it restructures $3.3 billion worth of debt in its home country....
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