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Brazilian Telecom Gets US Recognition Of $6.7B Reorg

By Rick Archer ( February 13, 2023, 7:56 PM EST) -- A New York bankruptcy judge Monday extended U.S. recognition to the $6.7 billion reorganization of Brazilian telecommunications provider Oi SA after the company said it needs the protection of American courts thanks to $1.7 billion in notes it took out under U.S. law....

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