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Title:Bain’s Virgin Australia Revival Faces Growing Legal Opposition
Date:17th August 2020
Description:Aug.16 -- Bain Capital’s resurrection of Virgin Australia Holdings Ltd. is facing mounting legal opposition as creditors from UBS to Deutsche Bank rally behind their own rescue plans. The Federal Court will be hearing the bond holders bid to derail the takeover in the next hour in Sydney. Bloomberg’s Angus Whitley reports on “Bloomberg Daybreak: Asia.”