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Pacific Andes aims to sell pricey yacht club memberships to pay bankruptcy costs

US bankruptcy judge Judge Garrity is slated to consider the proposed sale at a forthcoming hearing

By Jason Smith | May 18, 2022 18:15 BST
An image of Hong Kong's Aberdeen Marina Club, taken from its website.
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Pacific Andes International Holdings (PAIH) has asked a US judge to approve its planned sale of three memberships in a Hong Kong yacht club to help defray the costs of its six-year-old bankruptcy proceeding [...]

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