Results for North America
- O’Reilly Creditors Likely To Seek Deal After Bahamas Bankruptcy
A meeting of creditors of Sir Anthony O’Reilly to see if a formal deal can be reached on the sale of his assets and the division of the proceeds is likely to follow Friday’s decision of the court in the Bahamas to declare him bankrupt. The judge in the c ...
Daily Headline - global.abi.org - 11/23/2015 - 21:15 - 0 comments
- Target Reaches Settlement Over Abandoned Canadian Leases
RioCan Real Estate Investment Trust said Monday it had reached a settlement with Target Corp. over 18 leases the Minneapolis-based retail giant abandoned when it exited the Canadian market this year, The Wall Street Journal reported. RioCan, which ow ...
Daily Headline - global.abi.org - 11/23/2015 - 21:27 - 0 comments
- Sir Anthony O’Reilly Declared Bankrupt In Court Hearing In The Bahamas
Sir Anthony O’Reilly has been declared bankupt in a court hearing in the Bahamas and is now to be allowed file for an insolvency arrangement, the Supreme Court in the Bahamas has ruled. This followed a lengthy hearing on Friday when AIB, one of Sir Antho ...
Daily Headline - global.abi.org - 11/22/2015 - 18:47 - 0 comments
- Alberta Job Woes Deepen In Largest Loss For Province Since Global Economic Crisis
Alberta lost 63,500 jobs in the first eight months of this year, according to government data, showing the toll weak oil prices have had on the western province, The Globe and Mail reported. The losses were the largest since the global economic crisi ...
Daily Headline - global.abi.org - 10/29/2015 - 21:24 - 0 comments
- Steelmaker Algoma Said Discussing Fourth Canadian Insolvency
Essar Steel Algoma Inc., one of the largest steelmakers in Canada, is in talks with senior lenders over a deal to put the company into insolvency proceedings for the fourth time as its cash runs dry, according to a person with knowledge of the matter, Bl ...
Daily Headline - global.abi.org - 10/28/2015 - 20:21 - 0 comments
- Bombardier Surges on Report Quebec to Provide Financial Aid
Bombardier Inc. rose after a Montreal newspaper reported that Quebec’s government will provide financial assistance to the embattled maker of the CSeries jetliner. The province will announce an unspecified aid package on Thursday, La Presse newspaper rep ...
Daily Headline - global.abi.org - 10/28/2015 - 20:22 - 0 comments
- Squaring the Circle? The Arbitrability of Shareholder Claims for Just and Equitable Winding Up
The BVI Commercial Court, consistent with its reputation as a world-class centre of dispute resolution, has long shown itself to be arbitration-friendly. That reputation stands only to be enhanced following the appointment of Barry Leon, well known as an ...
Resource Article - abi_admin - 10/28/2015 - 10:18 - 0 comments - 0 attachments
- International arbitration report - October 2015
In this issue we discuss the Comprehensive Economic and Trade Agreement between Canada and the EU, which is being negotiated during a period of increased debate about the merits of investment treaty dispute settlement mechanisms. Our interview is with Li ...
Resource Article - abi_admin - 10/28/2015 - 10:14 - 0 comments - 0 attachments
- Royal Dutch Shell to Abandon Carmen Creek Oil-Sands Project
Royal Dutch Shell PLC said Tuesday it would abandon the construction of a major oil-sands project in Western Canada and take a $2 billion write-down, a stark reflection of the challenging economics for unconventional oil projects amid a sharp slump in cr ...
Daily Headline - global.abi.org - 10/27/2015 - 20:47 - 0 comments
- Canada’s Postal Agency Puts Restructuring Plans on Hold
Canada’s government-owned postal agency said Monday it has put a temporary halt to plans to phase out door-to-door mail delivery in urban areas, about a week before a new Liberal government that promised to restore regular mail service comes to power, ...
Daily Headline - global.abi.org - 10/26/2015 - 21:25 - 0 comments