Global shipping company TMT Group's chapter 11 case shouldn't be allowed to move forward in U.S. courts, one of its lenders argued on Wednesday in court documents, Dow Jones Daily Bankruptcy Review reported today. "These cases do not belong in [the] United States, and these cases are not appropriate for Chapter 11 reorganization," said Chinese bank Mega International Commercial Bank Co., which is owed $415.5 million by TMT.
