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Pacific Andes flags Singapore debt restructuring hurdle

Fish distributor's decision to seek US bankruptcy protection highlights "limitations" of existing laws here, say consultants
Saturday, October 15, 2016 - 05:50

Hong Kong

THE decision by a fish distributor listed in Singapore to abandon local court proceedings and seek US bankruptcy protection shows the hurdles the city faces in its bid to become a global debt restructuring hub.

Pacific Andes Resources Development Ltd, which defaulted on a

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