Hints and tips:
...The subsidiary of Patrizia has taken on Citigroup’s role as the “petitioning creditor” and White Oak is now the “supporting creditor” in the effort to wind up Liberty Commodities, which trades metals and...
...He told us he funded it with the proceeds of Wonderworks investments before Russia filed criminal charges against him and began petitioning to freeze his assets....
...Five-star treatment Having spent years wooing Sanjeev Gupta, Credit Suisse filed for divorce at the end of March, petitioning courts in the UK and Australia to place several of his core businesses into...
...Rob and Tabby reveal that some of Gupta’s companies’ debt facilities from Greensill benefited from personal guarantees, which could allow creditors to chase him down....
...Gymboree would be far from alone in petitioning for bankruptcy a second time, a move known in restructuring circles as a “Chapter 22”....
...Independent designers will not secure better terms with retailers, who will be more beholden to creditors and big brands — and less able to make risky bets on lesser-known names — than before....
...Take the law the eurozone has passed to prevent governments from bailing out financial institutions without hitting their creditors first....
...The party said Mr Griffin had applied for an Individual Voluntary Arrangement, offering to pay 42p in the pound over five years to all his creditors, but this was rejected by the petitioning creditor, who...
...Not a reference to the Second Circuit’s imminent ruling in the Argentina case, nor the Argentine government’s late-night petitioning to the Supreme Court over pari passu. Although it could be....
...Once a petition is presented, dispositions of company property are void upon liquidation, fettering the company’s ability to make payments to the petitioning creditor and other creditors (there can be some...
...Public health advocates are petitioning the Greek government to overturn patent protection on costly medicines and import them from low-cost generic producers to ease the burden on the country’s medical...
...Last month, the company began legal proceedings to bring the matter to a head, petitioning the bankruptcy court to tear up its existing labour contracts....
...Petitioning for insolvency becomes more attractive to creditors in an upturn because assets can fetch higher prices....
...Once your IP has agreed to make a proposal for you, they can apply to the county court for an interim order preventing your creditors from petitioning for your bankruptcy....
...Harwood, Managing Director of Evercore Partners, financial advisor to the petitioning holders of senior secured floating rate notes....
...That has changed in the last year, albeit under petitioning from ABN Amro and BBVA....
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