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Insolvency Law

Expert guidance on all aspects of corporate and personal insolvency

26 MAY 2011

Global Distressed Alpha Fund 1 Ltd Partnership v PT Bakrie Investindo [2011] EWHC 256 (Comm); [2011] BPIR 644

A Dutch company owned by the defendant issued Loan Notes, governed by English law, with the defendant as guarantor. The sums due under the Notes were not paid on their maturity date. A Debt Reorganisation Composition Plan in Indonesia was accepted by a majority of the defendant’s creditors.


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