Results for Poland
- Bankruptcy Fears For Poland’s Credit Unions
Almost half of Poland’s credit unions are close to bankruptcy, as a collapse in the sector’s financial health strains the country’s banking bailout fund, the Financial Times reported. The industry is a primary source of funds for millions of poor and ...
Daily Headline - global.abi.org - 01/05/2015 - 21:08 - 0 comments
- Polish Regulator Seeks Bankruptcy For Credit Union SKOK Wolomin
Poland's financial regulator KNF is seeking court approval for ailing credit union SKOK Wolomin to be declared bankrupt, a step that would allow depositors to get their money back through the country's bank guarantee fund, Reuters reported. SKO ...
Daily Headline - global.abi.org - 12/14/2014 - 23:23 - 0 comments
- Actio Pauliana of the bankruptcy receiver within or outside the proceedings?
A summary of the final paper from the 2013 Richard Turton Award winner, Advokat Danuta Brzezińska Attachment Size _actio_pauliana_of_the_bankruptcy_receiver_within_or_outside_the_proceedings_by_danuta_brzezinska.pdf ...
Resource Article - twallace@abiwor... - 03/24/2014 - 16:42 - 0 comments - 1 attachment
- Poland Worries About Ukraine Funds
Poland’s prime minister said Tuesday he’s concerned that if given money now Ukraine would use it to pay the debts it owes to Russia rather than to initiate reforms as it seeks to build a new system of government, The Wall Street Journal Emerging Euro ...
Daily Headline - global.abi.org - 02/25/2014 - 21:40 - 0 comments
- Poland Seeks to Jolt Economy
Poland will increase its budget gap for this year by nearly half, the government said yesterday, acknowledging the severity of the current slowdown in the economy so far among the most resilient to Europe's financial crisis, the Wall Street Journa ...
Daily Headline - abi_admin - 07/16/2013 - 21:43 - 0 comments
- GTI Travel Polska Declares Insolvency
After German travel agency GTI Travel declared bankruptcy on Monday, its Polish unit has decided to suspend sales and declare insolvency, the Warsaw Business Journal reported. The Polish company has said it is looking for new flights for its clients ...
Daily Headline - global.abi.org - 06/05/2013 - 21:15 - 0 comments
- Vodka Maker CEDC Bankruptcy Plan Approved
A bankruptcy court on Monday approved Central European Distribution Corp's bankruptcy exit plan, putting Russian billionaire Roustam Tariko on the verge of adding one of the world's largest vodka producers to his stable of companies, Thomson Re ...
Daily Headline - global.abi.org - 05/14/2013 - 19:36 - 0 comments
- Poland’s Private Pension Funds ‘Giant Mistake’, Minister Says
The Polish government will work to correct “a giant mistake” that is the country’s private pension system, introduced in 1999 and responsible for the bulk of Poland’s public debt, its finance minister said Tuesday, The Wall Street Journal Emerging Eu ...
Daily Headline - global.abi.org - 04/16/2013 - 20:12 - 0 comments
- Alfa Group's A1 Withdraws Restructuring Bid For Vodka Maker CEDC
A unit of Russia's Alfa Group said on Thursday it had withdrawn its proposal to acquire Central European Distribution Corp, one of the world's largest vodka producers, through a restructuring of CEDC's finances. Alfa Group unit A1 said in ...
Daily Headline - global.abi.org - 03/28/2013 - 20:12 - 0 comments
- Poland's CEDC Gets New Restructuring Proposal From A1-Led Group
Central European Distribution Corp , a leading vodka producer that missed a debt payment last week, received a restructuring plan offering $280 million in cash, which would turn the equity over to a group led by a Russian investor, Reuters reported. A1, ...
Daily Headline - global.abi.org - 03/21/2013 - 22:17 - 0 comments