Basis Capital seeks Bankruptcy Protection on subprime crises
Rahul , Shimla: Aug 30 2007
Made Popular Aug 30 2007
Australian hedge-fund manager Basis Capital Funds Management Ltd. sought bankruptcy protection for its Yield Alpha Fund after it suffered big losses due to the U.S. subprime-mortgage crisis. The fund sought Chapter 15 bankruptcy protection in U.S....
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Tags: Basis Capital Funds, Yield Alpha Fund, Chapter 15
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