Chinese banks seek CBL Corp liquidation
Move points to schism in banking syndicate.
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Hawke’s Bay
Two Chinese banks who lent $66 million to stricken insurer CBL Corporation have applied to have the company moved into liquidation.
Court records show the two plaintiffs in the application are the Industrial & Commercial Bank of China and the Bank of China.
CBL Corporation is listed as
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Tim Hunter and Victoria Young
Thu, 14 Jun 2018
Thu, 14 Jun 2018
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Chinese banks seek CBL Corp liquidation
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