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  • September 20, 2014
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Results 1 - 7 of 7 for bankruptcy

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  1. Business - China Business - REGULATION

    Qunxing Paper goes into receivership under court order

    Posted Apr 01st 2014, 01:20am by Enoch Yiu

    ... a bankruptcy proceeding on the mainland. The regulator said yesterday that it got an order from the Court of First Instance, for which it urgently applied last Friday, to appoint Roderick Sutton, Fok ... management. The commission escalated its regulatory action against Qunxing after it found that a mainland court accepted a restructuring proceeding application under the mainland bankruptcy law ...

    http://www.scmp.com/business/china-business/article/1461944/qunxing-paper-goes-receivership-under-court-order
  2. Business - Banking & Finance - REGULATION

    Beijing issues detailed rules on banks' sale of preferred shares

    Posted Apr 19th 2014, 01:09am by Reuters

    ... and equity. They enjoy seniority over common stockholders in the event of bankruptcy, but in other respects they have limited impact on common shareholders. Such shares typically do not trade ...

    http://www.scmp.com/business/banking-finance/article/1487642/beijing-issues-detailed-rules-banks-sale-preferred-shares
  3. Business - Banking & Finance - REGULATION

    China's banks given more room to write off loans to smaller companies

    Posted Jan 23rd 2014, 01:19am by Reuters

    ... ministry also said that if a borrower has entered bankruptcy, financial institutions can write off loans after two years, if they have not received repayment. The previous limit was three years. ...

    http://www.scmp.com/business/banking-finance/article/1411248/chinas-banks-given-more-room-write-loans-smaller-companies
  4. Business - Companies - REGULATION

    E.U. swap rules to test companies

    Posted Feb 05th 2014, 05:37am by Bloomberg

    ... a financial institution fails. Lehman's collapse sparked a wave of litigation and lengthy bankruptcy proceedings, as authorities sought to untangle its various activities and establish ownership ...

    http://www.scmp.com/business/companies/article/1420934/eu-swap-rules-test-companies
  5. Business - China Business - REGULATION

    Local officials told to cut industry overcapacity

    Posted Nov 06th 2013, 04:54am by AP

    ... mainland subsidiary of Suntech Power, once the country's biggest producer of solar panels, was forced into bankruptcy court after missing a US$541 million payment to bondholders. In other ...

    http://www.scmp.com/business/china-business/article/1348664/local-officials-told-cut-industry-overcapacity
  6. Business - China Business - REGULATION

    New plan to tackle capacity glut

    Posted Oct 15th 2013, 03:49pm by Reuters

    ... suggested that the failure to set up an adequate bankruptcy law in China had contributed to the oversupply problems. ...

    http://www.scmp.com/business/china-business/article/1332234/new-plan-tackle-capacity-glut
  7. Business - China Business - REGULATION

    Tighter rules for trusts and bills

    Posted Aug 18th 2012, 12:00am

    ... and the government in labyrinthine deals that hid the cost of bad banking, and shielded unviable state enterprises from bankruptcies. These losses lurk in the system unaccounted for, and frustrating ...

    http://www.scmp.com/business/china-business/article/1017506/tighter-rules-trusts-and-bills

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