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Lebanon’s Daily Star newspaper has resumed publication after it was forced to shut down for two weeks.
The publication, which is one of the oldest English dailies in the region, was forced to shut down after a Lebanese court declared it bankrupt.
That’s according to an online report that the newspaper was in a legal dispute with  Standard Chartered PLC over a $1.7 million debt.
The paper closed its doors on January 14 - the fourth time that it has temporarily shut down since its inception in 1952.
But earlier this month,  the International Herald reported that the publication was back on news stands.
Its front page announced that the judiciary had granted the publication permission to resume publication.
The announcement did not disclose the terms of the settlement.
The paper’s owner, Jami Mroue, told the business news information website, Zawya, that he blamed the economic and political upheaval in Lebanon over the last few years as the cause for the paper’s debt.
He reportedly said the drastic reduction in the number of advertisements was a clear indication of the economic downturn which had impacted negatively on the paper.
At the time, Mroue said he was offering a 40% stake in the paper in a bid to pay off the loan and turn around the bankruptcy policy.
He said the new stake would be taken from his own 80% ownership in the paper.
Mroue reportedly added that he had approached wealthy individuals and media groups in the region, among others for monetary assistance.
At the time he said he was anticipating an offer.