Qatar to introduce new laws to attract foreign investment
Qatar is set to implement three new laws, including bankruptcy, public-private partnership, and commercial…
Browsing Tag
bankruptcy
Bankruptcy proceedings in Finland slightly up in July
Finland saw a slight uptick in bankruptcy proceedings in July 2024, with 225 cases initiated, up from 224 in the…
China Evergrande NEV shares plummet 7% on bankruptcy woes
China Evergrande New Energy Vehicle's shares dropped seven per cent on Monday morning after creditors of two…
Terraform Labs files for bankruptcy protection
Terraform Labs filed for Chapter 11 bankruptcy in the United States according to court papers filed on Sunday and…
Bed Bath & Beyond files for bankruptcy
Bed Bath & Beyond, the home goods retailer founded in 1971, has filed for bankruptcy on Sunday.
Egyptian parliament preliminarily approves country’s first bankruptcy law
The Egyptian parliament’s General Assembly gave preliminary approval on Tuesday to a law governing debt…
Cabinet approves bankruptcy draft law
During its weekly meeting on Wednesday the cabinet approved the bankruptcy draft law, which aims to reduce…
Investors urge Sisi to take ’emergency measures’ to save firms from bankruptcy
A number of Egyptian investors took out a full-page advertisement in Egypt's Al-Ahram daily newspaper on Tuesday…
Egypt’s Sawiris to invest $250m in ailing Brazilian telecom operator
Egyptian billionaire, Naguib Sawiris, is set to invest $250 million to bolster troubled Brazilian telecom company,…
Egypt studies new initiative to save Arab construction firms from bankruptcy
Egyptian Federation for Construction and Building Contractors (EFCBC) is mulling the possibility of launching an…
GM not protected from ignition switch claims: U.S. appeals court
General Motors' 2009 bankruptcy does not shield it from lawsuits over a deadly ignition-switch defect that led to…
Oi investor urges new board after record Brazil bankruptcy filing
A minority investor in Oi SA (OIBR4.SA), Brazil's largest fixed-line phone carrier, has called for the replacement…
SunEdison to file for bankruptcy as early as Sunday night
Solar energy company SunEdison Inc (SUNE.N) is preparing to file for bankruptcy as early as the evening of April…
Peabody, world’s top private coal miner, files for bankruptcy
Peabody Energy Corp (BTU.N), the world's largest privately owned coal producer, filed for U.S. bankruptcy…
Draghi said to Doubt Greek Solution as Tsipras Reforms awaited
European Central Bank President Mario Draghi has voiced unprecedented doubts about the chances of rescuing Greece…
Greek PM: deal with lenders almost done
Greek Prime Minister Alexis Tsipras said that today they were on the last stretch of negotiations that will…
If Greece falls, No One wants Their Prints on the Murder Weapon
"We're going bust." "No, you're not." "You're strangling us." "No we're not." "You owe us for World War Two." "We…
GM is shielded from some Ignition-switch Suits, Ruling finds
General Motors Co will not have to face dozens of lawsuits accusing it of concealing an ignition-switch defect that…
Greece may have blown best hope of debt deal
Even if it survives the next three months teetering on the brink of bankruptcy, Greece may have blown its best…
Lawsuit Calls For Holding Referendum On Morsi’s Legitimacy
A lawsuit filed before Egypt's Judiciary Administrative Court, at the State's Council, by Ahmed Mohamed, an…
US City of Stockton To Announce Bankruptcy
The city of Stockton in the US state of California is set to become the largest American city ever to declare…
NBE Settles Al Nasharty’s Debts After Acquiring Some Of Bankruptcy Assets
The National Bank of Egypt (NBE) approved in principle settling EGP 310 million debt of Amr Al Nasharty, chief of…
Egypt Needs £7.5 Billion Bail-Out To Avoid Bankruptcy; EU Officials
North Africa's biggest economy has imploded since a democratic uprising last year and the country will run out of…