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  • August 28, 2014
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  1. Lazard chases debt as ShengdaTech files for bankruptcy in US

    Posted Aug 22nd 2011, 12:00am

    ... the Shanghai-based firm defaulted on bond repayments and filed for bankruptcy. ShengdaTech, which has been delisted from the Nasdaq exchange in the US following an accounting scandal, missed its latest interest payment on US$130 million worth of bonds before filing for bankruptcy protection in Nevada over the weekend. The chemicals company, whose shareholders include Goldman Sachs Investment ...

  2. Rallying cry

    Posted Jun 04th 2010, 12:00am by Christine Loh

    ... Christine Loh United States President Barack Obama should have picked up the phone a month ago to personally call leaders of countries, heads of companies and experts who may have been able to help deal with the oil gushing into the Gulf of Mexico. Formin ...

  3. BEA given negative outlook after bank run

    Posted Sep 30th 2008, 12:00am by Staff Reporter

    ... Mutual Bank, a unit of Washington Mutual, which filed for bankruptcy protection last week. 'It's not certain what losses will arise,' the bank said, but a full impairment ...

  4. Closing Chapter 11 will give surviving airlines a fighting chance

    Posted Apr 20th 2005, 12:00am by Jake Van Der Kamp

    ... could not come up with a rescue idea to which the creditors would agree, then they sold off the assets, got a bankruptcy order and you joined the unemployment queues. Yes, it was a tough old ... get the courts to extend the period. I concede that some companies have indeed emerged from Chapter 11-style protection to thrive again, but staving off bankruptcy this way can also mean ...

  5. Payment default claims increase

    Posted Dec 22nd 2006, 12:00am by Enoch Yiu

    ... bankruptcy,' she said. Still, Ms Chin urged exporters to remain vigilant. 'Payment difficulties often arise after Christmas and New Year, when buyers tend to file for bankruptcy to evade ...

  6. Talking points

    Posted Feb 20th 2012, 12:00am

    ... rescue package After months of often acrimonious negotiations, Greek hopes are rising that today's meeting in Brussels will endorse the rescue Athens needs to avoid bankruptcy on March 20 ...

  7. News

    Romney to fly early to Republican convention

    Posted Aug 28th 2012, 02:01pm

    ... will take to the floor on Thursday to remind Americans that he saved the 2002 Salt Lake City Olympics from bankruptcy.  But the storm could still cast a pall over Romney’s big moment, and he must ...

  8. Wen warns of rising trade barriers

    Posted Oct 15th 2011, 12:00am

    ... of his visit, Wen toured Wenzhou, in Zhejiang province, where some small, cash-strapped companies have recently declared bankruptcy and indebted private lenders absconded. Some Hong Kong ...

  9. Sub-prime loans natural evolution of easier cash

    Posted Apr 11th 2007, 12:00am by Leland Sun

    ... in thousands of borrowers filing for personal bankruptcies (banks wrote off more than HK$8 billion in credit card debt in 2002 and, in the same year, there were more than 25,000 personal bankruptcy ...

  10. Is US law school worth the high cost and uncertain returns?

    Posted Sep 27th 2011, 12:00am

    ... in student loans- which, under US law, are rarely dischargeable in bankruptcy. The financial consequences can follow students for decades. The blowback against the dysfunctional law school system ...




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