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...“It’s not really out of reach at all,” Panduwawala said....
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...The deal will greatly expand Home Depot’s reach among contractors and builders....
...The elegance of US bankruptcy is that it can impose a sweeping settlement across all creditors and claimants while terminating all outstanding litigation....
...Middleton and Wong can try to persuade Evergrande’s mainland entities to strike a deal with offshore creditors....
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...Sri Lanka this month reached a preliminary deal with its Chinese creditors to restructure around $4bn of debt, but remains in a deadlock with other creditors including India, Japan and commercial bond holders...
...Such loans take priority over other creditors and typically command high interest rates....
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...The public feud meant that Universal’s artists were unable to reach the vast audiences that use TikTok, which has become a crucial music discovery and promotional tool to reach younger audiences....
...It has also raised questions over the territory’s legal reach into the mainland, where the vast majority of Evergrande’s assets are based....
...&J is seeking first to win approval from claimants before going to court, using a “pre-packaged” bankruptcy process, which allows for a speedier resolution if companies have won sufficient support from creditors...
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...The sales hit would not only put a $4tn valuation out of reach, it could also knock Apple off its top rank in the US stock market....
...in this podcast: Binance bows to trader demands to keep their assets elsewhere Chinese developer Evergrande ordered to be wound up by Hong Kong court China Evergrande liquidation to test Hong Kong’s reach...
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