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Toisa's $42.5M Bankruptcy Deal With Hyundai Approved

By Alex Wolf (January 3, 2018, 8:00 PM EST) -- A New York bankruptcy judge signed an order Tuesday approving a settlement between Toisa Ltd. and Hyundai Heavy Industries Co. that resolves a shipbuilding dispute and adds $42.5 million to the shipping company's bankrupt estate, which is looking to negotiate a Chapter 11 exit plan in the near term....

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