{"id":27972,"date":"2012-03-15T10:08:00","date_gmt":"2012-03-15T14:08:00","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=27972"},"modified":"2012-03-15T10:08:00","modified_gmt":"2012-03-15T14:08:00","slug":"u-s-hedge-fund-wins-72-million-claim-against-dubai%e2%80%99s-drydocks","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2012\/u-s-hedge-fund-wins-72-million-claim-against-dubai%e2%80%99s-drydocks.html","title":{"rendered":"U.S. hedge fund wins $72 million claim against Dubai\u2019s Drydocks"},"content":{"rendered":"<p>Reuters Dubai &#8211; A U.S.-based hedge fund said it has won a $72 million legal claim against Dubai\u2019s Drydocks World for defaulting on a loan, putting the ship builder\u2019s $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\u2019s legal costs.<\/p>\n<p><a href=\"http:\/\/english.alarabiya.net\/articles\/2012\/03\/14\/200618.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters Dubai &#8211; A U.S.-based hedge fund said it has won a $72 million legal claim against Dubai\u2019s Drydocks World for defaulting on a loan, putting the ship builder\u2019s $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-27972","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/27972","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=27972"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/27972\/revisions"}],"predecessor-version":[{"id":27974,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/27972\/revisions\/27974"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=27972"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=27972"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=27972"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}