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Monday, January 8, 2001
THE Bankruptcy Law has finally managed to sacrifice innocent victims. The emergence of Law Number 4 of 1998 was due to the initiative of the International Monetary Fund (IMF) and meant as a tool for forcing recalcitrant debtors to immediately pay back their loans to their respective creditors, most of which were foreign corporations. Alas, instead of effectively achieving the main goal, a receiver who was appointed to manage the bankruptcy proces
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