North America

Results for North America

Tensions Over Money Flows Bode Poorly For Global Economy

For a bunch of people who just agreed the global economy is doing better, top officials from the world's rich and poor nations sound rather worried. For poor nations, the easy monetary policies in advanced economies are leading to big swings in capi ...

Daily Headline - global.abi.org - 04/14/2014 - 21:31 - 0 comments

Cash Store Seeks Bankruptcy Protection After Ontario Suspends Payday Loan Provider

Canadian payday loan provider Cash Store Financial Services Inc said on Monday it will seek protection from creditors as it faces liquidity problems resulting from the suspension of its right to offer loans in the province of Ontario, the Financial Pos ...

Daily Headline - global.abi.org - 04/14/2014 - 21:32 - 0 comments

Arctic Beverages Ltd. Seeking Creditor Protection

amount, $11.5 million is owed to the Tribal Council Investment Group of Manitoba Ltd., which owns Arctic ...

Daily Headline - global.abi.org - 04/08/2014 - 22:32 - 0 comments

Livent Creditors Win Key Ruling, Awarded $85-Million

decision in 1998 to record $27.5-million of writedowns “left me breathless.” Read more. (Canada, ...

Daily Headline - global.abi.org - 04/06/2014 - 22:29 - 0 comments

Mexico Flagship Airline Mexicana Declared Bankrupt

Mexicana airlines, which suspended flights four years ago due to its heavy debt load, was declared bankrupt on Friday, paving the way to dismantle the iconic company, once one of Mexico's top two carriers, Reuters reported. About 30 investors sought ...

Daily Headline - global.abi.org - 04/06/2014 - 22:29 - 0 comments

IMF Ramps Up Loan Conditions Despite Promises, Study Finds

The number of conditions the International Monetary Fund (IMF) attaches to its loans has grown in recent years, despite promises to limit what critics see as onerous requirements, according to a new study, the Irish Times reported. The Eurodad networ ...

Daily Headline - global.abi.org - 04/02/2014 - 21:59 - 0 comments

Problem Of Banks Seen As ‘Too Big To Fail’ Still Unsolved, IMF Warns

The world’s largest banks still receive implicit public subsidies worth as much as $590bn because of their status as “too big to fail” and the assumption of a government bailout if they get into trouble, the International Monetary Fund warned on Monday, ...

Daily Headline - global.abi.org - 03/31/2014 - 21:27 - 0 comments

Dodd-Frank Progress Report

No New Deadlines, Requirements Met or Requirements Proposed. No rule making requirements were due in March and no new rules were adopted or proposed to meet rule making requirements. (North America, United States) bankruptcy,insolvency,headli ...

Resource Article - twallace@abiwor... - 09/19/2013 - 11:14 - 0 comments - 1 attachment

One More Thing: IBRC Liquidators Get Dragged Into A Legal Swamp

appeared in a federal bankruptcy court seeking approval for a $5.75 million deal to offload Channelside to ...

Daily Headline - global.abi.org - 03/27/2014 - 22:12 - 0 comments

PC To Hear Bermudian Insolvency Appeal

Grant Thornton has been given leave to appeal to the Privy Council a decision by the Bermudian Court of Appeal in a case that impacts on the ability of courts to assist foreign liquidators, Economia reported. According to the firm, which is acting as liq ...

Daily Headline - global.abi.org - 03/25/2014 - 20:31 - 0 comments

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