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In a ruling experts call an important recognition of Russia's legal and financial reform efforts, a U.S. bankruptcy judge in New York honored a Russian bank restructuring order protecting it from international creditors. While the case is the first in which a U.S. court recognized a Russian bankruptcy-related ruling, it may be part of a trend as business and finance become increasingly international.
November 28, 2000 at 12:00 AM
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The original version of this story was published on Law.Com
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