Mon 08/21/2023 00:28 AM
UPDATE 4: 12:28 a.m. ET 8/21/2023:
Reorg Asia’s Highlights:
The Supreme Court of the state of New York County of New York sided with Kaisa Group (Kaisa) backing a motion dismissing a $102 million collection suit for its defaulted USD notes brought by Oasis Investments II Master Fund Ltd. (Oasis Investments). The court said Oasis Investments lacked standing to bring the action;
US court rejected Oasis Investment’s contention that in its capacity as an underlying beneficial holder it...
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