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Headlines

Tuesday, May 12 2026

Korea Technology Finance Corporation Partners with Busan Bankruptcy Court to Promote Technology Transactions for Bankrupt Companies

Korea Technology Finance Corp. announced on May 11 that it had signed a business agreement with the Busan Bankruptcy Court to support the utilization of intellectual property (IP) held by bankrupt companies and to promote…

Tuesday, May 12 2026

Uzbekistan Establishes Chamber of Court Administrators to Oversee Insolvency System Reforms

Uzbekistan will establish a new Chamber of Court Administrators bringing together all court-appointed insolvency managers under a unified self-governing system, according to a presidential decree signed on May 6, Daryo.uz…

Tuesday, May 12 2026

Brazil's Azul Sees $200 Million Fuel Hit This Year; Restructuring to Cushion Blow

Brazilian airline Azul expects a hit of about 1 billion reais ($204.15 million) ‌from higher jet fuel prices this year, but believes it is better positioned than peers to absorb the impact after a recent restructuring, CFO…