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General Maritime Can Draw on $75 Million Bankruptcy Loan

General Maritime Corp., the second-largest U.S. owner of oil tankers, can draw $30 million of a $75 million loan that will require it to file a plan of reorganization in 75 days or sell all its assets, Bloomberg reported Friday. U.S. Bankruptcy Judge Mar ...

Daily Headline - global.abi.org - 11/21/2011 - 01:22 - 0 comments

In re Millennium Global Emerging Credit Master Fund Ltd., 2011 WL 3805787 (Bankr. S.D.N.Y. Aug. 26, 2011)

Fri, 08/26/2011 (All day) Bermuda liquidation proceeding ...

Chapter 15 Case Law - abi_admin - 11/02/2011 - 15:57 - 0 comments - 2 attachments

Millennium Global Emerging Credit Fund Limited

Thu, 06/30/2011 Bankr. S.D.N.Y. Gropper ...

Chapter 15 New Filing - abi_admin - 08/29/2011 - 09:36 - 0 comments - 0 attachments

Millennium Global Emerging Credit Master Fund Limited

Thu, 06/30/2011 Bankr. S.D.N.Y. Gropper ...

Chapter 15 New Filing - abi_admin - 08/29/2011 - 09:32 - 0 comments - 0 attachments

Inverness Distribution Limited

Tue, 05/03/2011 Bankr. S.D.N.Y. Chapman ...

Chapter 15 New Filing - abi_admin - 08/17/2011 - 11:42 - 0 comments - 0 attachments

IP Qualifications Profiles January 2011 - Bermuda

The legislation governing insolvency in Bermuda is the Companies Act 1981. This Act is supplemented by rules and procedures set out in the Companies (Winding-Up Rules) 1982. This act governs the liquidation or winding-up procedures of companies in Bermud ...

Resource Article - abi_editor - 05/05/2011 - 14:11 - 0 comments - 1 attachment

Insolvency practitioners qualifications and appointment

(Bermuda, North America) bankruptcy,insolvency,headlines,articles,legislatives,debt,resources,insol,Bermuda,North America ...

Resource Article - global.abi.org - 04/26/2010 - 08:25 - 0 comments - 1 attachment

Hamilton Bids for Timbercorp Debentures

New Zealand-listed Hamilton Securities Ltd will make an off-market takeover bid for the debentures of the Timbercorp Orchard Trust, The Sydney Morning Herald reported on an AAP story. Hamilton Securities, which was founded in October 2009, will offer ...

Daily Headline - global.abi.org - 12/17/2009 - 10:19 - 0 comments

Lehman's Bermuda Life Insurance Unit Files for Bankruptcy

Lehman Brothers Holdings Inc.'s Bermuda-based life insurance unit, Lehman Re, filed for bankruptcy protection, citing alleged shortfalls on its reinsurance obligations and lawsuits against it in the US, The Royal Gazette reported. The petition f ...

Daily Headline - global.abi.org - 08/11/2009 - 07:51 - 0 comments

Nortel Taps Cleary Gottlieb For $475 Million Avaya Sale

Bankrupt Canadian telecommunications provider Nortel Networks Corp. has tapped Cleary Gottlieb Steen & Hamilton LLP to assist in the sale of its global Enterprise Solutions business to Avaya Inc. for $475 million, as the company continues to unload a ...

Daily Headline - global.abi.org - 07/21/2009 - 08:18 - 0 comments

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