Results for North America
- Elpida Says It Submitted Micron Restructuring Plan
Failed Japanese chipmaker Elpida Memory Inc, which has agreed to be bought by U.S. rival Micron Technology Inc, said on Tuesday it had submitted a restructuring plan to the Tokyo District Court, the next step in efforts to ensure the survival of some of ...
Daily Headline - global.abi.org - 08/21/2012 - 20:10 - 0 comments
- Belize Nears Defaulting On Bond Payment
its recent draft budget for 2012-13, it also predicted a deficit of Bz$75.2m (US$38m), or about 2.5 per cent of the country’s US$1.5bn economy. After several step-up provisions, the bond pays an annual coupon of 8.5 per cent – meaning a $23m payment is due on August 20. The country presented three ...
Daily Headline - global.abi.org - 08/15/2012 - 21:28 - 0 comments
- Sino-Forest Files Restructuring Plan
Shareholders of troubled timber firm Sino-Forest Corp. would receive nothing under a proposed restructuring plan that would transfer remaining assets to creditors, thestar.com reported. A once-mighty company with a market capitalization of $6 billion, Si ...
Daily Headline - global.abi.org - 08/14/2012 - 22:42 - 0 comments
- New York Law Journal “Bankruptcy Update.”
This column discusses the recent bankruptcy filings of Ritz Camera and Image and Dewey & LeBoeuf, two of the more recent high-profile entities to file for bankruptcy. The column discusses why Ritz and Dewey filed, and how they hope to use the bankruptc ...
Resource Article - abi_editor - 08/21/2012 - 17:54 - 0 comments - 1 attachment
- Legal Update on Insolvency Law - June 2012
liquidators have referred to minutes of a meeting covering up a £24.5m reverse premium that was ...
Resource Article - abi_editor - 08/08/2012 - 11:21 - 0 comments - 0 attachments
- Should the scope of the EC Insolvency Regulation be extended to cover debtor-in-possession proceedings?
A review of the EC Regulation on Insolvency Proceedings 2000 (the “EIR”) is set to take place in 2012, 10 years after the EIR initially came into force. One of the proposed changes is to broaden the EIR’s scope to include insolvency proceedings where an in ...
Resource Article - abi_editor - 08/07/2012 - 12:16 - 0 comments - 1 attachment
- Spyker Sues GM Over Saab Bankruptcy
Spyker NV, the owner of Swedish car maker Saab Automobile AB before its financial collapse late last year, Monday said it has filed a $3 billion lawsuit against General Motors Co. claiming the U.S. car giant drove the Swedish company into bankruptcy, T ...
Daily Headline - global.abi.org - 08/07/2012 - 06:46 - 0 comments
- For Young Job Seekers, No Relief In Sight
The Canadian economy churned out an impressive number of new jobs over the first half of the year, but is not likely to repeat the feat in the second half, The Globe and Mail reported. The odds of the unemployment rate falling much below its current ...
Daily Headline - global.abi.org - 08/05/2012 - 22:30 - 0 comments
- In re Agra Services of Canada Inc.
Thu, 08/02/2012 S.D.T Bruce Beggs ...
Chapter 15 New Filing - abi_admin - 08/03/2012 - 15:25 - 0 comments - 0 attachments
- Cleary Gottlieb is pleased to announce that Ling Huang has joined the firm as a partner in its Beijing office.
Ling Huang has joined the firm from the Beijing office of Shearman & Sterling LLP, where she was a partner focusing on cross-border M&A, private equity, and foreign direct investment transactions. Ms. Huang advises a ...
Resource Article - abi_editor - 08/02/2012 - 12:26 - 0 comments - 0 attachments