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Bankruptcy 06/02/2012

08:55 : Greek talks resume to keep bankruptcy at bay - Prime minister Lucas Papademos faces an uphill struggle to win over fellow party leaders on austerity reforms and secure a deal with foreign lenders to avoid a disorderly default in MarchGreece's economic future is still hanging in the balance ...
Source : guardian-co-uk

Bankruptcy 01/02/2012

21:31 : UPDATE 1-General Maritime files for plan of reorganization - Feb 1 (Reuters) - General Maritime, which had filed for Chapter 11 bankruptcy protection in November, said private equity firm Oaktree Capital Management will provide it with $175 million in new capital under ...
Source : reuters-com
05:31 : Malev on the brink as state bids to head off bankruptcy - Hungary is making preparations to assist passengers in case Malev, the country's unprofitable state-owned airline, stops operating, the development ministry said yesterday.
Source : independent-ie

Bankruptcy 30/01/2012

13:00 : GRIGISKES AB terminates an agreement of rent - Vilnius, Lithuania, 2012-01-30 13:03 CET (GLOBE NEWSWIRE) -- On October 06, 2011, GRIGISKES AB and MEDIENOS PLAUSAS AB, the company in bankruptcy, have signed a contract of lease of a part of premises, production and ...
08:46 : Eurozone crisis live: Greek bankruptcy fears loom over EU summit - European leaders will gather in Brussels today for another summit meeting, but the situation in Greece remains fraught8.26am: If you missed Lucas Papademos's warning last night, here's how the Greek PM described the importance ...
Source : guardian-co-uk

Bankruptcy 20/01/2012

16:26 : General Motors regains position as world's best-selling carmaker - Company that bounced back from bankruptcy less than three years ago sold 9.026m vehicles last yearGeneral Motors regained its mantle as the world's top-selling carmaker from Toyota last year, but faces a challenge to stay on top this ...
Source : guardian-co-uk
16:08 : Ireland 'will deal with mortgage debt' - Ireland will have to deal with mortgage debt as it overhauls bankruptcy laws and introduces a personal insolvency regime, Minister for State at the Department of Finance Brian Hayes, said.
Source : irishtimes-com

Bankruptcy 19/01/2012

12:14 : Margin Call: all the spills of high-level corporate finance, but few thrill - Based on the collapse of Lehman Brothers during the financial meltdown of 2008, this cautionary tale short-sells us on excitementMargin Call (2012) Director: J C Chandor Entertainment grade: C History grade: B+During the global ...
Source : guardian-co-uk

Bankruptcy 17/01/2012

12:07 : UPDATE 1-Greeks strike against austerity as EU, IMF visit - ATHENS, Jan 17 (Reuters) - Thousands of angry Greek workers marched to parliament on Tuesday to protest against austerity, waving banners reading "EU, IMF out!" as Athens' lenders arrived for talks in a race against ...
Source : reuters-com

Bankruptcy 14/01/2012

21:12 : Greece gets closer to brink of bankruptcy - Fears are mounting that Greece could be the first European country to default on its debt in 60 years, as the country gears up to salvage collapsed talks over bond repayments on Wednesday.
Source : telegraph-co-uk
02:45 : Greek bankruptcy threat looms as debt restructuring talks break down - Athens warns of dire consequences for Greece and rest of Europe if deal with private-sector creditors is not reached soonThe unexpected breakdown of crucial talks between Greece and its private-sector creditors took the country ...
Source : guardian-co-uk

Bankruptcy 13/01/2012

21:30 : Kodak Said in Talks With Citigroup on Bankruptcy Financing - Eastman Kodak Co. is in advanced talks with Citigroup Inc. to provide bankruptcy financing as the unprofitable imaging company prepares for a potential filing, said three people familiar with the matter. The stock plunged.
Source : businessweek-com
16:10 : Debt-laden Ireland readies softer bankruptcy law - DUBLIN, Jan 13 (Reuters) - Ireland will publish a bill to ease its strict bankruptcy rules by early April, fulfilling a requirement of its EU/IMF bailout and offering relief to thousands struggling under crippling mortgage ...
Source : reuters-com
11:44 : Drumm trial to proceed as bankruptcy bid thrown out - FORMER Anglo Irish Bank chief executive David Drumm has failed in a US court bid to get a bankruptcy discharge, which would have allowed him to walk away from debts and get a fresh financial start.
Source : independent-ie
04:02 : Kodak eyes bankruptcy cash from Citigroup - report - (Reuters) - Eastman Kodak Co is in advanced talks with Citigroup Inc to obtain financing that would be used if the money-losing photography company files for bankruptcy protection, Bloomberg News said on Thursday, citing ...
Source : reuters-com

Bankruptcy 11/01/2012

00:23 : Failed tycoon Quinn loses court case over bankruptcy - Sean Quinn, the failed property tycoon who was once Ireland's richest man, is likely to be barred from relaunching his business career after a British court ruled that his bankruptcy must be judged in ...

Bankruptcy 10/01/2012

19:18 : Sean Quinn's UK bankruptcy overturned after Irish complaint - Sean Quinn, formerly Ireland's richest man, has had his bankruptcy overturned after Anglo Irish Bank challenged the tycoon's right to use British courts.
Source : telegraph-co-uk
18:31 : Seán Quinn's bankruptcy case is brought forward - The Irish Bank Resolution Corporation has secured an order at the High Court in Dublin allowing it to bring forward proceedings aimed at having businessman Sean Quinn declared bankrupt in the Republic.
Source : irishtimes-com
14:51 : Sean Quinn UK bankruptcy bid blocked in Belfast - Ireland's one-time richest man could now be declared insolvent under the stricter regime in the Republic where he would be unable to trade for another 12 yearsIreland's one-time richest man Sean Quinn has lost a high court challenge ...
Source : guardian-co-uk
12:47 : Bankruptcy of Ireland's former richest man annulled - BELFAST, Jan 10 (Reuters) - A Northern Ireland court annulled a bankruptcy declaration made by Ireland's former richest man Sean Quinn on Tuesday in a victory for Irish Bank Resolution Corporation (IBRC), ...
Source : reuters-com

Bankruptcy 05/01/2012

10:07 : JAL Said to Plan Up to $13 Billion IPO as Profit Rebounds - Japan Airlines Co., the carrier that exited bankruptcy last year, is planning an initial public offering that may raise as much as 1 trillion yen ($13 billion) as early as September, two people familiar with the matter said.
Source : businessweek-com
07:39 : Japan Air Said to Plan Up to $13 Billion IPO as Profit Rebounds - Japan Airlines Co., the carrier that exited bankruptcy last year, is planning an initial public offering that may raise as much as 1 trillion yen ($13 billion) as early as September, two people familiar with the matter said.
Source : businessweek-com

Bankruptcy 04/01/2012

05:31 : Quinns' Swedish group excluded from Anglo's action - ANGLO Irish Bank has "discontinued" its legal action against the Quinn family's Swedish property group -- after the group's bankruptcy made an action against it pointless.
Source : independent-ie

Bankruptcy 27/12/2011

21:09 : Lehman Pays Marsal Firm Almost $500 Million to Manage Bankruptcy - Lehman Brothers Holdings Inc. has paid almost half a billion dollars in fees to restructuring firm Alvarez & Marsal LLC during its bankruptcy, according to a court filing.
Source : businessweek-com
18:34 : Lithuania bank deposits fall 13 pct due to Snoras - VILNIUS, Dec 27 (Reuters) - Lithuania banks total deposits fell 13 percent over November, mostly due to the bankruptcy of the third-largest depositor, Snoras bank, the commercial banks association said on Tuesday.
Source : reuters-com

Bankruptcy 19/12/2011

22:09 : Saab files for bankruptcy as GM refuses licence transfers - Saab, the struggling Swedish car-maker, has filed for bankruptcy after the latest in a string of Chinese rescue deals was rejected by its former owner, General Motors.
Source : telegraph-co-uk
19:21 : Sean Quinn accused of ‘bankruptcy tourism' by bank trying to recover billio - THE BANK seeking to recover billions from former tycoon Sean Quinn has accused him of "bankruptcy tourism" for opting to turn to the courts in Northern Ireland.
Source : independent-ie
14:58 : Saab's famous cars - in pictures - Saab, the troubled Swedish carmaker, has filed for bankruptcy after a Chinese rescue deal was thwarted by former owner General Motors. It's future is now bleak. Here are some iconic models that have rolled off its ...
Source : telegraph-co-uk
14:58 : End of the road for Saab as owners file for bankruptcy - Saab Automobile, the troubled Swedish carmaker, has filed for bankruptcy after an attempted Chinese rescue deal was thwarted by its former owner, General Motors.
Source : telegraph-co-uk
11:18 : End of the road for Saab as owners files for bankruptcy - Saab Automobile, the troubled Swedish carmaker, has filed for bankruptcy after an attempted Chinese rescue deal was thwarted by its former owners, General Motors.
Source : telegraph-co-uk
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