Thu 11/23/2023 19:51 PM
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Reorg Asia Highlights:



  • Litigation focused on whether underlying beneficial holders, or UBHs, of notes have standing to bring actions against issuers continues to be in focus;


  • BFAM Asian Opportunities Master Fund, LP, or BFAM, and certain other UBHs have filed a collection suit in the Supreme Court of the State of New York Commercial Division, New York County against issuer Glory Health Industry Limited, or Glory Health, and various note guarantors in respect of non-payment under...
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