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Dubai World, the state-owned company that roiled global markets with a near-default in 2009, may complete its reorganization of about $14.6 billion of debt in as soon as four weeks after all creditors agreed to the plan. Clifford Chance LLP, the law firm representing Dubai World, Sunday applied to withdraw a court application under Decree 57 that would have allowed the company to force the new terms onto dissenting lenders with at least two-thirds support. The company previously had consent from 73 percent of its creditors to the terms, it said at a court hearing in January.
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