Europe
Results for Europe
- Berggruen Wins Bidding For Bankrupt German Retailer Karstadt
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Billionaire investor Nicolas Berggruen has won a bid to acquire German retailer Karstadt, ending a months-long saga to line up new owners for the insolvent department store chain, Dow Jones Daily Bankruptcy Review reported. Terms of the deal weren't ...
Daily Headline - global.abi.org - 06/08/2010 - 07:49 - 0 comments
- Begbies Expects Rise In UK Insolvencies
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Begbies Traynor, the corporate insolvency specialist, continues to expect UK companies going bust because of the recession, the Financial Times reported. “There are lots of zombie businesses, which are effectively the walking dead and have no chance ...
Daily Headline - global.abi.org - 06/08/2010 - 07:49 - 0 comments
- Alert: Supreme Court Upholds Right to Credit-Bid in 363 Sales Embedded in Reorganization Plans
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2012), the Supreme Court in a unanimous 8-0 opinion, delivered by Justice Scalia, held that ...
Resource Article - abi_editor - 08/07/2012 - 11:02 - 0 comments - 0 attachments
- Alert: Supreme Court Upholds Right to Credit-Bid in 363 Sales Embedded in Reorganization Plans
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2012), the Supreme Court in a unanimous 8-0 opinion, delivered by Justice Scalia, held that ...
Resource Article - abi_editor - 08/07/2012 - 11:39 - 0 comments - 0 attachments
- Mayo Hotel Goes Into Receivership
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A boutique hotel backed by the businessmen Paddy Kelly and Niall McFadden has gone into receivership, The Sunday Business Post reported. Ulster Bank has taken possession of Lisloughrey Lodge, a country house hotel next to Ashford Castle in Cong, Co M ...
Daily Headline - global.abi.org - 06/07/2010 - 07:16 - 0 comments
- G20 Drops Support For Fiscal Stimulus
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Finance ministers of the world’s leading economies have been so spooked by the sovereign debt crisis that they have decided they can no longer wait until economies are growing strongly before they remove fiscal stimulus, the Financial Times reported. ...
Daily Headline - global.abi.org - 06/07/2010 - 07:16 - 0 comments
- Berlin Rules Out 'Special Treatment' For Troubled Opel
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Germany's Economy Minister Rainer Bruederle on Sunday ruled out any "special treatment" for General Motors' unit Opel, which is seeking state aid in exchange for keeping thousands of jobs in the country, Agence France-Presse reported. ...
Daily Headline - global.abi.org - 06/07/2010 - 07:15 - 0 comments
- Hungary, Despite Comparisons, Is No Greece
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By the numbers, Hungary is not Greece. Its budget deficit is about one-half that of Greece. It lies outside the euro zone and so could, if pressed, lift exports by devaluing its currency, the forint. Most crucial, it is in the midst of an economic overha ...
Daily Headline - global.abi.org - 07/29/2010 - 09:24 - 0 comments
- Carlyle Leads Race To Buy White Tower CMBS Assets-Source
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Private equity house Carlyle Group is the frontrunner to buy about 700 million pounds ($1.03 billion) worth of London offices linked to the failed White Tower commercial mortgage-backed securitisation (CMBS), a source close to the discussions told Reuter ...
Daily Headline - global.abi.org - 06/04/2010 - 10:50 - 0 comments
- Is It a Bailout for Greece or for Euro-Zone Banks?
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Fiscal indiscipline has shaken the euro zone to its foundations. But another failing appears to be taking the euro zone's debt crisis into another worrying phase: the weakness of many of the region's banks, The Wall Street Journal ’s Brussel ...
Daily Headline - global.abi.org - 06/04/2010 - 10:50 - 0 comments
