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trader53

09/20/11 7:14 AM

#2677 RE: trader53 #2675

ASYTQ / The ShengdaTech Effect


Bankruptcy Filing Tests Deal Structure, Legal Authority
September 08, 2011 3:00 AM PST


ShengdaTech Inc.'s Chapter 11 filing last month will be the first test of bankruptcy law for investors and debt holders of a Chinese reverse merger company since the market for such deals began unraveling last summer.





http://reversemerger.dealflow.com/article/article.cfm?title=ShengdaTech-Effect&sk=zttbzvpywnjdzad