NewSat, this aerospace/satellite company, had a very grand story back in the day, but after it collapsed, the reality was that recovery was the real issue.

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Singapore Tycoon Seeks $1.27B from Banks Over NewSat Collapse
Singapore real estate tycoon Ching Chiat Kwong is pursuing a US$1.27 billion claim against major international banks and credit insurers over the 2015 collapse of Australian satellite company NewSat Ltd., in which he invested US$100 million of his own money. The Supreme Court of Victoria will
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