U.S. court backs Azeri bank IBA's petition over creditors
May 13, 2017 at 08:11 AM EDT
BAKU, May 13 (Reuters) - International Bank of Azerbaijan, the energy exporting country's biggest lender, said on Saturday a U.S. court had supported its petition to prevent creditors from pursuing legal action in the United States, giving it time to restructure $3.3 billion debt.
