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Ukraine crisis: IMF promises upto $18 billion in loan

Mar 27, 2014

Ukraine crisis: IMF promises upto $18 billion in loan

Its economy teetering on collapse, Ukraine was pushed closer to the edge with Russia's takeover of the Crimean Peninsula and Moscow's multibillion dollar bill for gas deliveries. #World #IMF #NewsTracker #Economic policy #Bankruptcy #Ukraine #Kiev #Viktor Yanukovych #Financial aid #Arseny Yatsenyuk
India needs efficient bankruptcy law in corporate bond market: RBI

Aug 30, 2013

India needs efficient bankruptcy law in corporate bond market: RBI

Corporate bond issuances have sharply declined post the central bank's measures since mid-July to curb volatility in the forex market by making rupee funds expensive, driving firms to bank loans. #Investing #RBI #PolicyWatch #Corporate bond #Bankruptcy law #R Gandhi
How Chennai played a role in Detroitosaurus wreck

Jul 20, 2013

How Chennai played a role in Detroitosaurus wreck

The reason for the rise and rise of Chennai in the auto sector is its proximity to the port, friendly government policies and abundance of qualified manpower with proficiency in English #India #ConnectTheDots #Chennai #manufacturing #Detroit #Bankruptcy #Automobile
Reader's Digest publisher expects to emerge from bankruptcy by end-July

Jun 29, 2013

Reader's Digest publisher expects to emerge from bankruptcy by end-July

- The publisher of the Reader's Digest magazine said it expects to emerge from bankruptcy by the end of July after the bankruptcy court for the Southern District of New York approved its reorganization plan. The Reader's Digest Association Inc and its affiliates filed for Chapter 11 bankruptcy protection for the second time in less than four years in February, citing a greater-than-expected decline in the media industry. "The court's confirmation of our restructuring plan is an important step for our company and sets the stage for our future as a much more focused company," Chief Executive Robert Guth said in a statement. #Bankruptcy #publishing #Reader's Digest

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Reader's Digest publisher expects to emerge from bankruptcy by end-July

Aug 28, 2014

Barclays Agrees to Lend Detroit $275 Million to Exit Bankruptcy

Part of the proceeds will be used to retire a $120 million loan, also from Barclays, that Detroit used to pay for its operations while in Chapter 9 bankruptcy. In addition, the city will use about $100 million of the proceeds to pay its obligations t...
Reader's Digest publisher expects to emerge from bankruptcy by end-July

Aug 22, 2014

Hot Dog on a Stick is purchased from bankruptcy for $12.2 million

Mall snack staple Hot Dog on a Stick has been purchased from bankruptcy by a portfolio company of Los Angeles private equity firm Levine Leichtman Capital Partners...
Reader's Digest publisher expects to emerge from bankruptcy by end-July

Aug 29, 2014

Will Kia Ever Escape Hyundai's Big Shadow?

South Korea's Kia Motors has become one of the most successful auto brands some 16 years after it was rescued from bankruptcy by Hyundai. Now it faces a new challenge: stepping out of its sibling's shadow...