Distressed investor files Ch11 to block Brazil and Cayman Islands suits
MaitlinPatterson's investments in the Brazilian aviation industry led to "substantial losses" (Credit: shutterstock/Joa Souza)
A group of distressed investment funds organised under the laws of Delaware and the Cayman Islands have sought bankruptcy protection in New York, faced with “meritless foreign litigations” that have stopped them paying out their assets.
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