US judge denies holdouts restraining order on Ecuador restructuring

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US judge denies holdouts restraining order on Ecuador restructuring

Ecuador, Quito, Palacio de Carondelet, presidential palace, president, Lenin Moreno, LatAm, 575

Ecuador will be able to proceed with a consent solicitation to restructure $17.4bn of bonds after a New York judge denied a motion from Contrarian Capital and GMO for a temporary restraining order (TRO) on the process.

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