VBVL Proposal To Rescue Varig Approved After Voting Melee
The judge overseeing Varig's restructuring in Brazil cleared the way for both the Volo de Brasil/VarigLog (VBVL) bid and a new sales auction on Thursday after disqualifying the votes of some creditors who earlier this week blocked approval of the bid. Earlier in the week, three classes of Varig...
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