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Sep 1, 2016

Prominent Canadian Bank Sells Portfolio of Distressed Consumer Debt

Sanjeev Mitra, Jeffrey K. Merk and Matthew V. Liberatore

One of the largest banks in Canada made the move to offload a portfolio of distressed consumer debt from its balance sheet by way of the sale of the portfolio to a debt buyer.

Aird & Berlis represented the Schedule I bank in connection with the sale with a team that was led by Sanj Mitra and included Jeffrey Merk and Matthew Liberatore.

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