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Evening update: Ottawa invokes 1977 treaty with US in Enbridge Line 5 dispute; Celebrity Chef Mark…
Have a good evening, let's start with today's best stories: Next Steps in Enbridge Line 5 Dispute with Michigan Ottawa invokes a 1977 treaty with the United States to begin government-to-government negotiations over the fate of Line 5, a…
Vicentin to sell 90% of shares if creditors agree to 70% debt reduction
December 16, two years and 12 days after the agro-exporter Vicentin declared himself in default of payment, the deadline for reaching an agreement between the company and his 1,727 verified creditors. This is established by the terms of…
Bank of Maharashtra raises issue of breach of confidentiality in Videocon insolvency process
New Delhi: Bank of Maharashtra, a dissatisfied creditor of the Videocon group, on Friday raised the issue of the breach of confidentiality in the insolvency resolution process of the companies of the debt-ridden group before the…
ICYMI: Emmer and Hill Op-Ed Author on China | Press Releases
ICYMI: Emmer and Hill Op-Ed Author on China | Press releases | Congressman Tom Emmer
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Commentary: Ticking time bomb as temporary pandemic support for businesses comes to an end
Alistair Dickson is Director and Head of Scotland at SKSi.As of March 1 of last year, companies have been protected by a ban on insolvency action by creditors if it is reasonable to believe their debts stem from the financial impact of…
Paris Club extends Pakistan’s debt payment deadline to December
The Paris Club of creditor countries has announced that it is extending Pakistan's deadline to service its debt, so that the country can muster its resources to fight the COVID-19 pandemic.The Paris Club has granted Pakistan an…
Defense hopes to block video evidence in Bart Reagor fraud trial
Bart Reagor's lawyers are asking the federal judge presiding over his bank fraud case to prevent prosecutors from showing video evidence in which he boasts of having obtained his wealth from "other people's money" and that everything what…
ARM finally liquidated, creditors take over $ 104 million in debts
By JAMES ANYANZWA
The life of ailing cement maker ARM Cement will end this week (September 30) when joint directors begin to wind up the company to pay off outstanding debts estimated at $ 103.82 million.The co-directors - George…
Philippine Airlines seeks recognition under PH laws
Philippine Airlines (PR, Manila Ninoy Aquino Int'l) is asking local courts to recognize its Chapter 11 bankruptcy protection proceedings in the United States, says airline president and chief operating officer Gilbert Santa…
Lebanon’s international creditors urge new government to start debt restructuring talks
A view of the Central Bank of Lebanon building in Beirut, Lebanon on April 23, 2020. REUTERS / Mohamed Azakir / File Photo / File PhotoLONDON, Sept.21 (Reuters) - A group of Lebanese bondholders, including some of the world's largest…