Cancelled luxury auto leases in the U.S. -- "Irving Picard, the trustee in the Madoff case, has asked a federal judge to cancel leases the firm had on six luxury cars, including three Mercedes and a Range Rover. Picard wrote that the vehicles “are of no use or value to the creditors” of the firm and he wanted to cancel the leases to minimize the costs of administration in this case...."
But in China, see prior post ...
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