{"id":27945,"date":"2012-03-14T05:35:53","date_gmt":"2012-03-14T09:35:53","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=27945"},"modified":"2012-03-14T05:35:53","modified_gmt":"2012-03-14T09:35:53","slug":"u-s-hedge-fund-wins-claim-against-dubais-drydocks","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2012\/u-s-hedge-fund-wins-claim-against-dubais-drydocks.html","title":{"rendered":"U.S. hedge fund wins claim against Dubai&#8217;s Drydocks"},"content":{"rendered":"<p>Reuters &#8211; A U.S.-based hedge fund said it has won a $72 million legal claim against Dubai&#8217;s Drydocks World for defaulting on a loan, putting the ship builder&#8217;s $2.2 billion debt restructuring in further trouble .<\/p>\n<p>Monarch Alternative Capital said in an emailed statement that Drydocks, a unit of Dubai World, has been ordered to pay the entirety of the sum of \u00a345.5 million ($71.6 million) claimed plus Monarch&#8217;s legal costs.<\/p>\n<p><a href=\"http:\/\/www.reuters.com\/article\/2012\/03\/14\/emirates-drydocks-monarch-idUSL5E8EE05420120314\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; A U.S.-based hedge fund said it has won a $72 million legal claim against Dubai&#8217;s Drydocks World for defaulting on a loan, putting the ship builder&#8217;s $2.2 billion debt restructuring in further trouble . Monarch Alternative Capital said [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-27945","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/27945","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=27945"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/27945\/revisions"}],"predecessor-version":[{"id":27947,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/27945\/revisions\/27947"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=27945"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=27945"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=27945"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}