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Lender Chaos Hampers Australia Developer Bathla’s Hunt for Cash

Last Thursday, more than a week after Australian homebuilder Bathla Group tumbled into insolvency, a 24-hour deadline to secure emergency funding came and went, putting the company on the verge of liquidation.

This article was originally published by Bloomberg Markets and is republished here under license.

Last Thursday, more than a week after Australian homebuilder Bathla Group tumbled into insolvency, a 24-hour deadline to secure emergency funding came and went, putting the company on the verge of liquidation.

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