Results for United States
- 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
- 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
- Nortel Networks Wins Approval to Distribute $7.3 Billion to Creditors
Nortel Networks Corp. won approval to start distributing $7.3 billion to creditors, a major step in the long-running demise of the telecommunications company, The Wall Street Journal reported. Judges in Canada and the U.S. on Tuesday cleared Nortel t ...
Daily Headline - global.abi.org - 01/24/2017 - 22:44 - 0 comments
- M&A Update: Advance Notice Bylaws in Light of Corvex/Williams – Displacing the Placeholder Nomination
Advance notice bylaws are a near universal feature of the organizational documents of public companies. In their simplest form, they set a deadline, usually between 60 and 120 days before an upcoming stockholder meeting, by which a stockholder must give ...
Resource Article - twallace@abiwor... - 12/29/2016 - 14:46 - 0 comments - 0 attachments
- International sales contracts: Square peg, round hole?
The purpose of a sales contract is to define the parties’ obligations and to optimise outcome if a dispute arises. As such, a contract is a tool to manage risk and prevent loss. Attachment Size sr_-_usa_-_international_sal ...
Resource Article - twallace@abiwor... - 12/29/2016 - 14:36 - 0 comments - 1 attachment
- Alert: Russia Sanctions Developments Highlight Need for Active Compliance Efforts
The U.S. Treasury Department's Office of Foreign Assets Control ("OFAC") has significantly expanded the number of entities and individuals subject to Russia sanctions and separately censured U.S. insurance and financial institution entitie ...
Resource Article - twallace@abiwor... - 12/29/2016 - 14:34 - 0 comments - 0 attachments
- THRIVE | Issue 4 | News and Information from Conway MacKenzie
In an increasingly digital world, online information can be used in due diligence to analyze CPG brands and subsequent consumer loyalty. Brand equity drives value at purchase and with the significant increase in information sharing, it’s critical to leve ...
Resource Article - twallace@abiwor... - 12/28/2016 - 14:47 - 0 comments - 0 attachments
- Nortel Takes Another Step Toward Wrapping Up Bankruptcy Case
Judges in Canada and the U.S. on Thursday approved materials explaining Nortel Networks Corp.’s creditor-repayment plan, inaugurating the beginning of the end of one of the priciest bankruptcies on record, The Wall Street Journal reported. Thursday’s ...
Daily Headline - global.abi.org - 12/01/2016 - 23:25 - 0 comments
- U.S. Watchdog Says Abengoa Unit's Reorganization Violates Law
A Chapter 11 bankruptcy exit plan by Abengoa SA's main U.S. subsidiary, Abeinsa Holding Inc, violates the law by shielding the Spanish renewable energy parent from lawsuits, according to the U.S. government's bankruptcy watchdog, Reuters report ...
Daily Headline - global.abi.org - 12/01/2016 - 23:26 - 0 comments
- Abengoa Asks U.S. Court To Prevent Lawsuits By Rebel Creditors
Spanish renewable energy and engineering firm Abengoa SA has asked a U.S. bankruptcy court to enjoin legal action and future claims by creditors who are unsatisfied with a high-stakes plan to restructure $10 billion of debt, Reuters reported. Abengoa, a ...
Daily Headline - global.abi.org - 11/21/2016 - 21:59 - 0 comments