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Headline: A daily grind for the restructuring mill Source: Euromoney Date: February 2001 Author: Gill Baker At worst, running a restructuring operation in Thailand can be a life-threatening métier, but its practitioners face a host of other obstacles, not least getting paid. Paradoxically, Thais are also seen as being too gentle and non-confrontational to buckle down seriously to the business of extracting debt from each other. On the buying side of the business, major players such as Lehman Brothers claim to be making a fair return on the distressed debt they have acquired. |
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