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Australian court approves miner’s scheme after Chapter 15 recognition granted

By Benjamin Clarke

15 March 2017

Australian court approves miner’s scheme after Chapter 15 recognition granted iStock.com/fotofritz16

An Australian court has approved the scheme of arrangement of mining equipment supplier Emeco Holdings, paving the way for a New York court to give the deal “final force and recognition” in the company’s Chapter 15 proceedings.