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Investors Seek to Liquidate Takefuji
June 30, 2011, Financial Times
Investors are unhappy with the potential liquidation and reorganization of Takefuji, one of Japan's largest moneylenders before filing for bankruptcy.
"There are doubts as to whether the trustee is aiming for the best interests of the creditors or the survival of the company," said Koichiro Ohashi, a partner at law firm White & Case in Tokyo, who is not involved in the case.
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