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Virgin bondholders claim Deloitte reneged on sale process – Sydney Morning Herald
Virgin Australia bondholders seeking to take control of the airline claim its administrator Deloitte reneged on assurances on how it would run the insolvency process.
The bondholders have asked the Takeovers Panel to intervene so creditors can vote on their proposal at the second meeting of creditors in August, and launched court action this week to try to unseal …
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