North America

Results for North America

Toshiba Under Pressure Over the Future of its US Nuclear Unit

Toshiba’s biggest creditors are split over its future strategy as pressure mounts for a swift Chapter 11 bankruptcy protection filing by Westinghouse, the troubled Japanese conglomerate’s US nuclear subsidiary, the Financial Times reported. People br ...

Daily Headline - global.abi.org - 03/26/2017 - 20:00 - 0 comments

Conyers Dill & Pearman - Alert - Mergers and Fair Value Petitions: Cayman Case Law Update

The Cayman Islands has recently seen a flurry of merger activity, in many instances as a result of listed entities seeking to engage in 'go private' deals involving companies incorporated in the jurisdiction. The statutory merger and consolidat ...

Resource Article - twallace@abiwor... - 03/22/2017 - 15:39 - 0 comments - 0 attachments

Conyers Dill & Pearman - Article - Firewalls, Families and Fiduciaries: New Cayman Case Law

To say the very least, matrimonial disputes can be a trying and traumatic state of affairs for all involved. Discord over custody, property and innumerable other matters can seem to endlessly plague family members, and related litigation often creeps acr ...

Resource Article - twallace@abiwor... - 03/22/2017 - 15:33 - 0 comments - 0 attachments

Conyers Dill & Pearman - Alert - An IP Revolution is coming to the Cayman Islands

Due to global technological developments and trends, the Cayman Islands is pursuing a strategy to modernise its intellectual property protection regime by providing new protections for patents, trade marks and design rights. As a result, last year, the P ...

Resource Article - twallace@abiwor... - 03/22/2017 - 15:29 - 0 comments - 0 attachments

Article from INSOL Europe (20 - 26 February 2017) GlobalINSOLvency Editorial Board

Takata Corporation is a Japanese based company that manufactures safety products, primarily airbags and seat belts, as a tier one supplier to the global auto industry. Unfortunately, due to alleged defective airbags produced, Takata has recalled reported ...

Resource Article - twallace@abiwor... - 03/22/2017 - 15:24 - 0 comments - 1 attachment

Canada's Lexin Oil Firm In Receivership After Licenses Suspended

A Canadian court has placed the privately held Lexin Resources Ltd oil company in receivership to sell off its assets after an unprecedented application by the Alberta Energy Regulator (AER), the agency said on Tuesday, Reuters reported. The AER's s ...

Daily Headline - global.abi.org - 03/22/2017 - 08:49 - 0 comments

Canadian Banks Push Back Against Taking on More Mortgage Risk

Canada’s financial industry is urging the federal government to consider alternatives to proposals that could require them to take on a greater share of mortgage defaults through a deductible -- calling it one of the biggest shakeups to hit housing finan ...

Daily Headline - global.abi.org - 02/28/2017 - 23:24 - 0 comments

Essar Looking for Competitive Boost

Rolling back wages 10 per cent is one of five priorities to ensure Essar Steel Algoma is competitive after its restructuring ends, the company's president and chief executive officer says. The steelmaker, under Companies' Creditors Arrangement ...

Daily Headline - global.abi.org - 02/27/2017 - 22:03 - 0 comments

'We've Got to Fight': Wabush Mine Pensioners Hope Courts Will Restore Benefits

Three years after the shutdown of Wabush Mines by Cliffs Natural Resources, former workers and retirees are looking to a Quebec court to help them recover some of what they lost, CBC News reported. "We're all in this together now," said Ri ...

Daily Headline - global.abi.org - 02/23/2017 - 22:51 - 0 comments

E-Storage Updater 4th Edition

In this 4th edition of the E-Storage Updater, our global team looks back on 2016, plus technology and regulatory news highlights for the last quarter. Click here for more. (Australia, Costa Rica, United Kingdom) bankruptcy,insolvency,head ...

Resource Article - twallace@abiwor... - 02/14/2017 - 15:08 - 0 comments - 0 attachments

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