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HSBC Blasts Ship Valuations At Trial Over Loan Repayments

By Paige Long (January 28, 2019, 8:45 PM GMT) -- HSBC Bank PLC has defended its decision to terminate and demand repayment of loans it provided to two Liberian shipping companies, arguing at trial Monday that the market valuation of the ships proposed by one of the defendants' witnesses has "no basis in reality."...

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