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Ezra gets High Court nod for cross-border protocol on bankruptcy proceedings

Published Tue, Mar 13, 2018 · 09:50 PM

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Singapore

THE High Court on Tuesday approved an application by Ezra Holdings for a cross-border protocol between the Singapore court and the US Bankruptcy Court in relation to the firm's bankruptcy proceedings.

Ezra Holdings, which filed a Chapter 11 plan in the US last year after it received two statutory demands from creditors, had also applied to the Singapore court on March 1 for leave to seek a meeting with its creditors under the Companies Act.

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