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Daily Archives: September 15, 2018

Municipal bond world still feels impact of Lehman collapse – Bond Buyer

BankruptcyBy Insolvency GuardianSeptember 15, 2018

A decade after Lehman Brothers collapsed, the courts are still working on remnants of the largest bankruptcy in U.S. history as the municipal bond industry continues to feel the effects. For the muni market, Lehman was a domino, said Nicholas Venditti, managing director at Thornburg Investment Management. In and of itself, Lehman wasnt a huge…

Adani, JNPT likely to bid for acquiring bankrupt Dighi Port – Livemint

BankruptcyBy Insolvency GuardianSeptember 15, 2018

The port is being developed as a multipurpose, multi-cargo and all-weather port under a 50-year concession agreement. Mumbai: Adani Ports, Indias largest private sector port operator, and Jawaharlal Nehru Port Trust (JNPT) in Navi Mumbai are likely to bid for Dighi Port, which was declared bankrupt by the National Company Law Tribunal (NCLT) in April,…

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