Asia Textile Co. Control Fight Spurs Chancery Status Quo Suit
By Jeff Montgomery ( May 5, 2022, 2:49 PM EDT) -- The Hong Kong-based parent of the $2.9 billion Lycra Group has sued for a Delaware Chancery Court declaration barring lenders from continuing a takeover of the textile giant's operations in a worldwide battle for Ruyi International Textile Development Ltd.'s key assets....
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