Czech Republic

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Korean Air Lines Agree to Inject Fresh Capital into CSA Czech Airlines

CSA Czech Airlines said that its key shareholder Korean Air Lines Ltd. has agreed to inject fresh capital into the country’s flagship carrier as it seeks to overcome its current financial struggles, The Wall Street Journal Emerging Europe blog report ...

Daily Headline - global.abi.org - 10/23/2014 - 20:20 - 0 comments

Czechs Weigh Delayed Stimulus Exit as Currency Cap Upheld

Prague left their benchmark interest rate at 0.05 percent today for a 12th meeting, matching the ... interest rate at 0.05 percent today for a 12th meeting, matching the estimates of all 12 analysts in a ...

Daily Headline - global.abi.org - 05/07/2014 - 23:04 - 0 comments

Czech Minister Says Coal Miner NWR Needs New Capital To Avert Collapse

Czech trade minister Jan Mladek said on Monday loss-making coal miner New World Resources needed 3 billion crowns ($149.72 million) or more in new capital or it would face bankruptcy, Reuters reported. The Czech hard coal miner, which made a record fourt ...

Daily Headline - global.abi.org - 04/07/2014 - 20:37 - 0 comments

Czech Wagon Supplier Files For Insolvency

Czech wagon manufacturer Legios filed for insolvency on October 28, owing around CKr 220m ($US 11.7m) the VUB bank and more than CKr 300m to other creditors, IRJ reported. The company suspended payments of obligations in June 2013, but has reportedly bee ...

Daily Headline - global.abi.org - 10/30/2013 - 21:06 - 0 comments

Czech Republic Report

According to Justice Ministry statistics, 32,656 insolvency petitions were filed in the Czech Republic in 2012. (Czech Republic, Europe, United Kingdom) bankruptcy,insolvency,headlines,articles,legislatives,debt,resources,insol,Czech Republic,E ...

Resource Article - twallace@abiwor... - 09/20/2013 - 09:25 - 0 comments - 1 attachment

OECD - Who Cares? Corporate Governance in Today’s Equity Markets

There are two main sources of confusion in the public corporate governance debate. One is the confusion about the role of public policy intervention. The other is a lack of empirical knowledge about the corporate landscape where rules are supposed to be ...

Resource Article - twallace@abiwor... - 09/19/2013 - 13:22 - 0 comments - 1 attachment

Country Reports Winter 2012 - Czech Republic, European Commission, Russia, USA, Germany, The Netherlands

The highest Czech Court decision defining “known creditor” within Council Regulation (EC) No. 1346/2000 has European wide impact. In order to understand the influence of the decision, it is necessary to briefly describe the Czech law provisions for lodgi ...

Resource Article - twallace@abiwor... - 09/19/2013 - 09:32 - 0 comments - 1 attachment

Czech Airlines Wins EU Authorization for Restructuring Loan

CSA Czech Airlines won European Union authorization to receive government restructuring aid after it sold assets, reduced capacity and gave up landing slots at European airports, Bloomberg Businessweek reported. The European Commission said it approved a ...

Daily Headline - global.abi.org - 09/19/2012 - 20:48 - 0 comments

Winter Country Reports

(Czech Republic, Estonia, Europe, Germany, Latvia, Romania, Slovakia) bankruptcy,insolvency,headlines,articles,legislatives,debt,resources,insol,Czech Republic,Estonia,Europe,Germany,Latvia,Romania,Slovakia ...

Resource Article - abi_editor - 08/07/2012 - 10:49 - 0 comments - 1 attachment

Penta Bids For Insolvent Drugstore Chain Schlecker

Private equity firm Penta Investments has made an offer for German insolvent drug store chain Schlecker, less than a month after buying a 40 percent stake in Polish retailer EM&F, Reuters reported. "We made a non-binding offer on Friday last wee ...

Daily Headline - global.abi.org - 04/08/2012 - 23:09 - 0 comments

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