Last week a US district court granted Sri Lanka’s request for a six-month pause on a creditor lawsuit against the country. Hamilton Reserve Bank holds a big chunk of one of Sri Lanka’s now-defaulted bonds and had been suing it for immediate repayment.
Sri Lanka’s debt trap and the vultures
Tag: creditors
Central banks risk setting off a financial earthquake with constant rate rises, warns ex-IMF economist
“Liz Truss got the blame but the underlying cause was Jay Powell’s rate rises in the US, which has pushed up rates for everybody,” he says.
Federal Judge Orders Bannon Ally to End Harassment Campaign Against Creditors
A federal bankruptcy judge slapped exiled Chinese mogul Guo Wengui with new restrictions this week after finding that Guo had defied an earlier order to stop a harassment campaign by his fans aimed at lawyers for his creditors.
Federal Judge Orders Bannon Ally to End Harassment Campaign Against Creditors
Ms. Cat’s Chronicles 
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