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...“Accordingly, it could prove difficult for us to obtain the requisite vote for approval . . . in a timely fashion or at all, which could lead to our liquidation,” it added....
...In January, judge Linda Chan ordered the liquidation of Evergrande’s Hong Kong entity more than two years after its 2021 default set off a wave of similar failures across its peers....
...Shanghai-based Shimao, which has about $11.7bn of offshore debt, said on Monday that CCB (Asia) had filed a liquidation petition against it in Hong Kong over its failure to repay loans of $200mn....
...Minsheng Banking Corp has already filed a lawsuit against Oceanwide Holdings for failing to repay its debts. Most European stock market indices fell on the day....
...The idea is to always have enough in reserve to cover at least 99 per cent of exposures in the event of a rapid liquidation....
...The liquidation spares investors from further losses. Group operating margins have declined over five years. Panasonic shares have risen 60 per cent this year....
...Even for a bank with clear positive value in liquidation, there’s not much incentive to remain a customer....
...One person familiar with its trading activity said this would likely climb to $6bn following the liquidation, while another pegged it at close to $7bn....
...Ever since the deal was announced, JSR’s investors and clients have been asking what prompted a listed company not in financial trouble to turn to Japan Investment Corp, a fund whose investments are overseen...
...The ecommerce group Zilingo went into liquidation in January after complaints of financial irregularities and the high-profile firing of its co-founder and chief executive....
...And when a bank’s business model no longer looks viable, then it starts mattering what the bank looks like from a liquidation perspective....
...AGNC Investment Corp has $51.7bn, The Starwood Property Trust manages $28.3bn, Rithm Capital has $32bn, and the Blackstone Mortgage Trust another $26.8bn....
...That was hosted by Sotheby’s, while Twitter has hired Heritage Global Partners, an auction, liquidation and asset advisory firm, to conduct the sales....
...In addition, Masayoshi Son will deposit with SVF2 LLC $500 million worth of SoftBank Group Corp. shares (as of the issue date of the Equity from SVF2 LLC to MgmtCo)....
...Rather, the key figure at the time was the “liquidation preference” on the preferred stock of 1.8 times....
...Another is advising MBIA Insurance Corp on its exposure to Puerto Rico....
...Subsequently, in 2018, Tether lent Bitfinex $625m after the exchange suffered the loss of $850m that it held with a Panamanian payment processor called Crypto Capital Corp....
...Public listings The gay dating app Grindr will list on the New York Stock Exchange today via a special purpose acquisition company merger with Tiga Acquisition Corp....
...He knew nothing about the BVI company, which placed itself into voluntary liquidation under the control of a Panamanian administrator after the FT began to make inquiries....
...That limit is meant to reduce the risk that a margin call will prompt a big liquidation of Tesla stock....
...Yet a growing cohort of investors don’t want the liquidation value of their holdings to be set by clattering market machinery....
...This is a long way from an orderly and transparent liquidation process in which an order of creditors is established and losses are assigned....
...He hasn’t announced a blank-cheque deal since January, when his Social Capital Hedosophia Holdings Corp V announced a tie-up with the digital lender SoFi....
...Drawn out by Anthony Gonzalez, the Republican representative from Ohio, Tenev agreed that it would have been a “total catastrophe” if Robinhood failed to meet the capital call and faced liquidation of its...
...Helen Thomas Provident’s threat to put its home collection business into administration or liquidation looks rather like the type of strong-arm tactics it claims to be saving customers from in the unregulated...
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