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Elpida Seeks Court Approval For Sale To Micron

Japan's Elpida Memory Inc asked U.S. Bankruptcy Court in Delaware on Wednesday to enforce its reorganization plan sale to Micron Technologies Inc, a final step to creating the world's second-largest maker of memory chips, Thomson Reuters News & ...

Daily Headline - global.abi.org - 05/22/2013 - 20:35 - 0 comments

Ulster Bank Seeks Parallel Bankruptcy Against Dunne

Lawyers for Ulster Bank have applied to a US court seeking to intervene in the bankruptcy proceedings of property developer Sean Dunne so the bank can proceed with its own bankruptcy proceedings against him in Ireland, the Irish Times reported. Ulste ...

Daily Headline - global.abi.org - 05/19/2013 - 20:51 - 0 comments

Japanese Court Ruling Favors Elpida Takeover By Micron

Micron Technology Inc. moved a step closer to its takeover of bankrupt Japanese memory chip producer Elpida Memory Inc. this week, The Idaho Statesman reported. The Tokyo High Court tossed out an appeal by creditors to a Tokyo District Court's a ...

Daily Headline - global.abi.org - 05/16/2013 - 22:05 - 0 comments

In Mexico, Troubling Times

Mexican home builders and their creditors have been hiring U.S. bankruptcy lawyers and other advisers, as the companies struggle with mounting debt obligations, The Wall Street Journal reported. Two of the country's leading builders—Urbi Desarro ...

Daily Headline - global.abi.org - 05/15/2013 - 21:08 - 0 comments

Vodka Maker CEDC Bankruptcy Plan Approved

A bankruptcy court on Monday approved Central European Distribution Corp's bankruptcy exit plan, putting Russian billionaire Roustam Tariko on the verge of adding one of the world's largest vodka producers to his stable of companies, Thomson Re ...

Daily Headline - global.abi.org - 05/14/2013 - 20:36 - 0 comments

Argentina Faces Very Different Debt Default If Loses Legal Fight

When Argentina defaulted on its debt in 2002, the economy was collapsing and a bloody popular revolt had helped topple two presidents in a week. Now, the country could default again, but it would be over a matter of principle rather than necessity, Reute ...

Daily Headline - global.abi.org - 05/13/2013 - 21:30 - 0 comments

Bankruptcy Litigation Panel

Bankruptcy Litigation Panel (2013 ABI New York City Bankruptcy Conference - Peter V. Pantaleo, Hon. Carla E. Craig, Robin E. Keller, Kenneth Pasquale, Steven J. Reisman, Ken Ziman (North America, United States) bankruptcy,insolvency,headlin ...

Resource Article - abi_editor - 05/08/2013 - 16:42 - 0 comments - 0 attachments

Comparison of U.S. vs. European Distressed Debt Market and Restructuring Environment

Comparison of U.S. vs. European Distressed Debt Market and Restructuring Environment (2013 ABI New York City Bankruptcy Conference - Wilbur L. Ross Jr., Rick Morris, Marc A. Broude, Lisa G. Beckerman, Daniel B. Kamensky, Ben Pickering (Europe, ...

Resource Article - abi_editor - 05/08/2013 - 16:40 - 0 comments - 0 attachments

Complex Cross-Border Bankruptcy Issues (Chapter 15)

Complex Cross-Border Bankruptcy Issues (Chapter 15) (2013 ABI New York City Bankruptcy Conference) - Alan W. Kornberg, Kenneth A. Buckfire, Hon. Martin Glenn, Gary L. Kaplan, Madlyn Gleich Primoff, Glenn E. Siegel (Chapter 15, Mexico, North Ame ...

Resource Article - abi_editor - 05/08/2013 - 16:38 - 0 comments - 0 attachments

Arcapita Says U.S. Court To Confirm Bankruptcy Plan In Mid-June

A U.S. court is expected on June 11 to confirm the restructuring plan of Bahrain-based Arcapita , the company said, making it the first Gulf company to file for bankruptcy protection under Chapter 11 rules, Thomson Reuters News & Insight reported. Li ...

Daily Headline - global.abi.org - 05/01/2013 - 21:39 - 0 comments

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