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Pendal Group Ltd lowered its position in shares of AerCap Holdings (NYSE:AER – Get Rating) by 9.4% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,246,826 shares of the financial services provider’s stock after selling 232,500 shares during the quarter. AerCap comprises 1.1% of Pendal Group […]
The Supreme Court on Monday allowed lenders to Reliance Capital (RCap) to hold a second auction of the insolvent company, upholding the order of the company law appeals tribunal
Select Russian airlines & their insurers have started approaching AerCap for settlement.
The legal tussle began when Hindujas topped Torrent’s bid after the auction.
Vistra ITCL, Reliance Capital’s secured lender, has submitted to the NCLAT that the NCLT has acted beyond its jurisdiction at a stage where even signed plans have not been presented to lenders for consideration in the ongoing insolvency process of RCap