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Egyptian Brothers Give In Just As $100M UBS Debt Trial Starts

By Pete Brush (July 5, 2016, 2:26 PM EDT) -- Egyptian businessmen Ramy and Michel Lakah's quest to avoid liability to UBS and other banks for a $100 million bond debt default took a bizarre turn Tuesday when the brothers refused to participate in their own trial, nine years in the making, over whether they would have to submit to binding arbitration....

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