Hints and tips:
...It is a crucial case for A&M, the US consultancy founded in the early 1980s whose calling card in the world of corporate restructuring is that it liquidated Lehman’s US business....
...The vast majority were liquidated and some analysts argue that the rate of consolidation is only going to accelerate....
...Before this week, he owned a majority of Odey Asset Management’s holding company and subsidiaries....
...Five Odey funds are now listed as suspended, including one that is being liquidated....
...The gradient of spread changes on the stack reflects the market’s take on the coupon distribution of SVB’s HTM holdings....
...Freeman decided that the rally had pushed Bed Bath’s shares far beyond their intrinsic value and liquidated his entire stake. His timing was fortunate....
...It is simply letting its investments in these assets run down, as partnerships with funds linked to fossil fuels are liquidated....
...More than $8.4bn of positions have been liquidated over the past 24 hours, according to data from bybt.com....
...Creditors are pursuing Mr Lu and Ms Qian, who put up sizeable holdings of their shares as collateral for loans worth $324m....
...Among the largest debt holders was Edelweiss — which liquidated and sold large amounts of Mr Ambani’s pledged stock last month, to cut their exposure after share price falls....
...At the top was Lehman Brothers Holdings Inc, which was the main entity filing for bankruptcy on the morning of September 15. But as Ball highlights, different subsidiaries were treated differently....
...Edper was widely described as having “crashed” in 1993, but while its investors lost billions when its leveraged holding company structure imploded, it was never liquidated....
...By the time those remaining shares could be liquidated, Zynga’s stock price had fallen so sharply that the weighted average price was below what employees could sell out....
...China Forestry is at present being liquidated....
...Here, the plaintiff, who owns 400 shares, says the insiders improperly liquidated their shares based on non-public information of Zynga’s rapidly declining prospects....
...Both probes are looking at the 2009 float of China Forestry Holdings, the only IPO to be co-sponsored by both banks that year, according to a person briefed on the regulator’s action....
...Some have done so beneath “book value”, a measure of how much of a company would be left for shareholders if it were liquidated....
...But massive redemptions at Pimco, with $23.5bn leaving the Total Return Fund alone during September, has sparked a major drop in derivative holdings such as futures, which can be easily liquidated as they...
...in holdings to meet redemption demands....
...compromise requires that all bondholders are wiped out before money can come directly from the ESM, meaning its main use will be in shielding depositors from losses in a bank that is being effectively liquidated...
...Groups such as Baupost, which specialise in trading distressed debt, are wagering that the value of the claims will increase as the estate is liquidated and dividends are distributed to creditors....
...They had made billions for taxpayers, and could have made even more by holding on longer. But it was in the public interest to move on....
...KPMG said the funds comprised cash balances, liquidated assets and proceeds from counterparties, exchanges and clearing houses’ closing positions....
...The non-banks will be bigger participants in underwriting and holding these securities....
...The extra collateral was returned to JPMorgan’s accounts after MF Global’s positions were liquidated....
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