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Headlines
Coface: Romanian Insolvencies Drop 2% in Jan–Aug 2025 vs 2024
The latest study conducted by Coface Romania shows that in the first 8 months of this year, 4,561 new insolvency proceedings were opened compared to 4,657 in the same period from 2024, RomaniaJournal.ro reported. Refused payment…
New Fortress Energy Mulls U.K. Restructuring Instead of Chapter 11
New Fortress Energy, a U.S. liquid natural gas (LNG) infrastructure firm, is considering restructuring its $9 billion debt via a U.K. “scheme of arrangement” rather than filing for chapter 11 bankruptcy in the U.S., according to…
Seán Dunne Persuades U.S. Judge to Pause Distribution of Bankruptcy Assets
One-time Irish property mogul Seán Dunne’s long-shot effort to delay distribution of more than $16 million in assets from his decade-plus bankruptcy case in the United States succeeded on Tuesday, the Irish Times reported. After…