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Thai Airways begins rehab proceedings in bankruptcy court

Some creditors question legitimacy of process while investors sell off shares

BANGKOK -- Thai Airways International's rehabilitation proceedings kicked off at Thailand's Central Bankruptcy Court on Monday, with executives from the cash-strapped national airline and its creditors attending the hearing.

Acting President Chansin Treenuchagron and two members of the airline's board represented the company as witnesses. Roughly 100 people attended the hearing.

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