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Market Impact: 0.45
VietJet Faces Aircraft, Cash Seizures in FitzWalter Debt Fight
Source: Bloomberg
Legal & LitigationCredit & Bond MarketsCompany FundamentalsTransportation & LogisticsEmerging Markets
A UK court appointed receivers to help a London-based buyout fund recover more than $250 million owed by VietJet Aviation JSC. The receivers may seize ticket revenues and aircraft, effectively hobbling the carrier’s operations outside Vietnam.
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