Bankruptcy

14 Jan 2013

Having bucked market trends by posting record earnings for the first half of the year, All Nippon Airways (ANA) now aims to sustain its solid profit growth despite the clouded operating outlook in...

Wanxiang gets green light to buy A123's assets

13 Dec 2012

Wanxiang won court approval to buy most of the assets of A123 Systems, the failed electric-car battery maker backed with US government funds, for about US$256.6 million.

China Digest, December 6, 2012

6 Dec 2012

Since the 2008 Beijing Olympics, more than 1.7 million volunteers have been registered to help maintain social stability in the capital, Xinhua reports.

Singapore's ex-leaders write off political rival's huge debt from defamation case

22 Nov 2012

Prominent Singapore opposition leader Chee Soon Juan has been discharged from bankruptcy, the government said, after an unprecedented concession by two former prime ministers to whom he owed about...

Boom city Dongguan faces bankruptcy as village debts soar

28 Sep 2012

After three decades of spectacular growth, Guangdong's boom town of Dongguan is on the brink of bankruptcy.

Up to 60 per cent of its villages are running up deficits and will soon need a...

Opinion

Jake Van Der Kamp

An age-old problem and the sums that just don't add up

Howard Winn

HSBC suffers the Taibbi treatment in Rolling Stone

Shirley Yam

How tycoons' IPO 'losses' may hide profits at herd's expense

Lenders hold fire on ailing shipping firms

Sanko Line, Korea Line and subsidiaries of Berlian Laju Tanker are among a steady stream of Asian and Western shipping companies that have sought bankruptcy protection in recent months, victims of...

Bankruptcy for lawyer in HK$780m theft case

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A former partner of international law firm K&L Gates accused of stealing at least HK$780 million of clients'...

HK weighs options as Sanko line sinks

Hong Kong's maritime community was weighing the impact on its operations after Sanko Steamship, Japan's fourth-largest shipping company, filed for bankruptcy protection yesterday, four months...

Genmar chapter 11 filing reveals huge debts in HK

Cosco Shipyard along with Hong Kong-headquartered ship management and chandlery companies are among the top 50 unsecured creditors after New York-listed tanker operator General Maritime (Genmar)...

Liquidation specialist warns of mainland risks

The mainland may register only a few bankruptcy cases every year but the numbers hardly tell the true story of the innumerable overseas investors who got burned in ventures there, a liquidation...

Liquidator seeks HK$2.7m for unpaid legal bills

Lawyers acting on behalf of a former liquidator of Wing Fai Construction, David Kennedy, have issued a statutory demand for HK$2.7 million against businessman Robert Yip Kwong.