Bankruptcy
Topics also related to Bankruptcy Sections:
Stockton taxpayers want bigger role in California city's bankruptcy case
SAN FRANCISCO, June 28 - A group of California taxpayers went to court on Friday to demand a greater role in how the city of Stockton would raise taxes to exit the bankruptcy it filed a year ago.
Reader's Digest publisher expects to emerge from bankruptcy by end-July
June 28 - 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.
Suntech strikes yet another deal with bondholders
June 28 - China-based solar panel maker Suntech Power Holdings Co Ltd, whose main unit is in insolvency proceedings, said it had struck a deal with a majority of its bondholders to defer payment on a $541 million loan until Aug. 30, the third time the company has reached such an agreement.
Italian unions call for output pact to help troubled steelmakers
* Lucchini could supply slab to ILVA during plant clean-up
PRESS DIGEST - Wall Street Journal - June 28
June 28 - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
Bankrupt Alabama county makes another deal ahead of final plan
BIRMINGHAM, Ala., June 27 - Alabama's Jefferson County on Thursday approved another negotiated settlement covering $138 million of creditors' claims as the local government put finishing touches on a plan to wind up America's biggest municipal bankruptcy.
FCC's Alpine Holding GmbH to file for bankruptcy
VIENNA, June 27 - Alpine Holding GbmH, the Austrian unit of Spanish construction group FCC, said it would file for bankruptcy on Friday.
RPT-Bank regulator could be dooming UK mutuals
* Lack of investor appetite casts doubt on new PIB product
Accounting board seeks 'going concern' self-test for US firms
NEW YORK, June 26 - U.S. companies would have to regularly assess their ability to continue as a going concern under a proposal issued on Wednesday by accounting rule-makers, an attempt to ensure investors get timelier warnings when companies get in trouble.
UPDATE 2-Ally's $2.1 bln payment to ResCap gets court's OK
* ResCap had "unreasonably" small amount of capital -report
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