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Court decides to launch bankruptcy procedures for SFCG

TOKYO, Japan - Hideo Seto (C), a bankruptcy administrator for moneylender SFCG Co., speaks at a news conference in Tokyo on April 21 following the Tokyo District Court's decision to launch bankruptcy procedures for SFCG, which filed in February for protection from creditors and rehabilitation.

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Moneylender SFCG goes under with over 300 bil. yen in debts

TOKYO, Japan - SFCG Co. chairman Kenshin Oshima bows at a press conference at the Tokyo Stock Exchange on Feb. 23 in which he announced the Tokyo-based moneylender, formerly known as Shohkoh Fund Co., filed for bankruptcy protection with the Tokyo District Court after accumulating debts of more than 300 billion yen.

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Moneylender SFCG goes under with over 300 bil. yen in debts

TOKYO, Japan - SFCG Co. chairman Kenshin Oshima bows at a press conference at the Tokyo Stock Exchange on Feb. 23 in which he announced the Tokyo-based moneylender, formerly known as Shohkoh Fund Co., filed for bankruptcy protection with the Tokyo District Court after accumulating debts of more than 300 billion yen. (Kyodo)

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Court decides to launch bankruptcy procedures for SFCG

TOKYO, Japan - Hideo Seto (C), a bankruptcy administrator for moneylender SFCG Co., speaks at a news conference in Tokyo on April 21 following the Tokyo District Court's decision to launch bankruptcy procedures for SFCG, which filed in February for protection from creditors and rehabilitation. (Kyodo)