Results for United States
- Top Italian Banks Tap Private Equity for Help With Troubled Loans
American investment firms have found numerous opportunities to capitalize on the turmoil in Europe’s banking sector by buying distressed assets. But one major private equity firm, Kohlberg Kravis Roberts, is taking a novel approach, the International N ...
Daily Headline - global.abi.org - 04/22/2014 - 22:01 - 0 comments
- Some Mt. Gox Customers Want CEO Out During Bankruptcy
Mt. Gox customers with frozen bitcoin accounts are targeting Chief Executive Mark Karpeles, arguing in court papers he is unfit to lead the Japanese bitcoin exchange through its U.S. bankruptcy case, The Wall Street Journal reported. In papers filed ...
Daily Headline - global.abi.org - 04/21/2014 - 00:04 - 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
Among the various US property assets controlled by Irish Bank Resolution Corporation (IBRC), the zombie corpse of Anglo, there appears to be a circus, the Irish Times reported. Okay, that’s not quite true – it’s actually a shopping centre in Tampa, F ...
Daily Headline - global.abi.org - 03/27/2014 - 22:12 - 0 comments
- Mt. Gox Suit Judge Loosens Bitcoin Freeze to Chase Assets
A U.S. judge who froze assets belonging to the American affiliate of bankrupt Bitcoin exchange Mt. Gox Co. loosened that restraint to see where some of the digital currency flows, Bloomberg News reported. U.S. District Judge Gary Feinerman in Chicago tod ...
Daily Headline - global.abi.org - 03/20/2014 - 22:16 - 0 comments
- U.S. Sanctions Update: New Sanctions Program Creates Risks for Companies Doing Business with Russia or Ukraine
Following the recent imposition of new U.S. economic sanctions, U.S. companies operating in or otherwise engaging in business or other dealings with, in, involving, or relating to Russia or Ukraine should ensure that such activities do not involve or oth ...
Resource Article - twallace@abiwor... - 03/24/2014 - 17:48 - 0 comments - 1 attachment
- Tokyo Lawsuit Raised Red Flags On Mt. Gox Funding, Compliance
Two months before Mt. Gox filed for bankruptcy it was sued by a customer seeking the return of funds in a case that highlights some of the red flags raised in the run-up to the collapse of what was once the world's biggest bitcoin exchange, Reuters ...
Daily Headline - global.abi.org - 03/12/2014 - 21:43 - 0 comments
- Judge Freezes U.S. Assets of Mt. Gox CEO, Related Companies
A federal judge in Chicago froze the U.S. assets of the chief executive of Tokyo-based Mt. Gox as part of a customer lawsuit against the defunct bitcoin trading exchange, The Wall Street Journal reported. Separately, regulators took steps to gain gre ...
Daily Headline - global.abi.org - 03/11/2014 - 23:05 - 0 comments
- Insolvency Could Mean Stateside Move For Centrosolar
The management of German rooftop PV installer and module manufacturer Centrosolar has unveiled an insolvency plan, which has been approved by the company’s creditors’ committee. The main thrust of the plan is that Centrosolar will in future focus on the ...
Daily Headline - global.abi.org - 03/03/2014 - 22:45 - 0 comments
- U.S. Supreme Court Declines to Review Sun Capital Decision
The United States Court of Appeals for the First Circuit (the “Circuit Court”) recently held, in Sun Capital Partners III LP v. New England Teamsters & Trucking Industry Pension Fund, 1 that a private equity fund was a “trade or business” under the c ...
Resource Article - twallace@abiwor... - 03/06/2014 - 15:44 - 0 comments - 1 attachment