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This content is reserved for Global Insolvency Members or members of the American Bankruptcy Institute. Create an account now to gain access. Enjoy free membership for a limited time.
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This content is reserved for Global Insolvency Members or members of the American Bankruptcy Institute. Create an account now to gain access. Enjoy free membership for a limited time.
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This content is reserved for Global Insolvency Members or members of the American Bankruptcy Institute. Create an account now to gain access. Enjoy free membership for a limited time.
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This content is reserved for Global Insolvency Members or members of the American Bankruptcy Institute. Create an account now to gain access. Enjoy free membership for a limited time.
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This content is reserved for Global Insolvency Members or members of the American Bankruptcy Institute. Create an account now to gain access. Enjoy free membership for a limited time.
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This content is reserved for Global Insolvency Members or members of the American Bankruptcy Institute. Create an account now to gain access. Enjoy free membership for a limited time.
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Mohari Hospitality Ltd is in exclusive talks to purchase Venice’s five-star Hotel Bauer, beating other bidders including billionaire Bernard Arnault, Bloomberg News reported. Mohari is offering to buy the property, located on the Grand Canal, for €309 million ($335 million). Established by former PokerStars co-founder Mark Scheinberg, the company focuses on luxury properties and its existing European investments include the five-star Four Seasons hotel in Madrid.
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Banca Generali SpA won a U.K. court ruling in a dispute arising out of €344 million ($373 million) worth of securitizations it bought from a trade finance firm, Bloomberg News reported. The Italian wealth manager has the power to remove and replace CFE Advisory Services as the agent in charge of dealings with the noteholders, the UK’s Court of Appeal ruled on Wednesday. The wealth manager, representing the senior noteholders, was in a dispute with issuer Sovereign Credit Opportunities SA and CFE over attempts to appoint its own agent.
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