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  • November 26, 2014
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  1. Deduction decision in legal fight irks Lehman investors

    Posted Dec 19th 2008, 12:00am by Paggie Leung

    ... include a legal battle with liquidators for Lehman Brothers, whose lawyers have told HSBC that, under US bankruptcy law, issuing banks may not sell the derivatives. The banks had intended selling ...

  2. Business - Companies

    Judge expresses doubts about AMR bankruptcy exit

    Posted Aug 16th 2013, 11:24am by Reuters

    ... Nick Brown in New York A judge asked AMR Corp for guidance on whether he should approve its plan to exit bankruptcy, in light of an antitrust challenge to its planned merger with US Airways Group. The request suggested Judge Sean Lane would hold off on approving AMR’s plan at a hearing in US bankruptcy court in New York. Lane said he had “lingering doubts” as to whether ...

  3. Regulators mull action on trading of HK unit

    Posted Sep 16th 2008, 12:00am by Denise Tsang, Enoch Yiu

    ... after Lehman filed for bankruptcy in the US yesterday. 'Market regulators will ensure trading on the Hong Kong stock market will be conducted in an orderly manner tomorrow,' Mr Tsang. ... filing of a bankruptcy order. The filing came after a rescue bid for the 158-year-old firm, which was hard hit by the subprime crisis, was withdrawn. Yesterday, an analyst with Lehman's Hong ...

  4. Business - Companies

    US judge approves Kodak plan to exit bankruptcy

    Posted Aug 21st 2013, 11:17am by Reuters

    ... Nick Brown in New York Eastman Kodak, once a mighty photography pioneer, has earned court approval for a plan to emerge from bankruptcy as a much smaller digital-imaging company. The green light from US Bankruptcy Judge Allan Gropper in New York puts Kodak on track to exit bankruptcy in about two weeks. “It will be enormously valuable for the company to get out of Chapter 11 ...

  5. Sands fails to overturn US$58.6m judgment

    Posted Dec 10th 2008, 12:00am by Staff Reporter

    ... shares last month to fend off bankruptcy risks, has yet to pay the award and has made no provisions for the expense. Lawyers for Mr Suen and his Hong Kong-registered firm Round Square ...

  6. Exhibition hope for 'king's' graffiti

    Posted Apr 05th 2009, 12:00am by Vivienne Chow

    ... Fanny W. Y. Fung and Vivienne Chow Calligraphy by the legendary 'King of Kowloon' may yet find its way into a permanent exhibition. The government has expressed a willingness to discuss offers by any artists or collectors to donate their works o ...

  7. Fortunes change for Nine Dragons

    Posted Jan 17th 2009, 12:00am by Toh Han Shih

    ... waste paper into container paper used to package goods. However, her company has been dogged by media speculation that it faces bankruptcy- which the company has denied. Analysts now say ...

  8. Profit warnings spark sell-down in Dah Sing

    Posted Nov 07th 2008, 12:00am by Staff Reporter

    ... of collateralised debt obligations. Dah Sing Banking said in September it had exposure of Euro31.9 million (HK$319 million) to a unit of Washington Mutual, which filed for bankruptcy in the US on September ...

  9. Business - Companies

    AMR bankruptcy judge leans toward reorganization plan approval

    Posted Aug 30th 2013, 10:47am by Reuters

    ... Nick Brown in New York A US bankruptcy judge on Thursday hinted he would approve AMR Corp’s bankruptcy exit plan despite the government’s challenge to its main component: AMR’s planned megamerger with US Airways Group Inc. At a hearing at US Bankruptcy Court in Manhattan, Judge Sean Lane held off on confirming the plan for American Airlines’ bankrupt parent, but said he found ...

  10. Toy master prescribes fun to survive the crisis

    Posted Jan 19th 2009, 12:00am by Denise Tsang

    ... A prime example was the demise of KB Toys, America's third-largest toy retailer, which filed for bankruptcy protection last month for the second time in four years, leaving as much as US$27 ...




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