Bankruptcy

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UPDATE 1-U.S. appeals court rules for GM over Spyker's Saab sale

Oct 24 - General Motors Co persuaded a federal appeals court to uphold the dismissal of a $3 billion lawsuit in which Spyker NV accused it of derailing a plan to sell the Swedish automaker Saab to a Chinese company.

U.S. appeals court rules for GM in Spyker's Saab sale lawsuit

Oct 24 - General Motors Co persuaded a federal appeals court to uphold the dismissal of a $3 billion lawsuit in which Spyker NV accused it of derailing a plan to sell the Swedish automaker Saab to a Chinese company.

M&A, Markets, Stocks 24 Oct 2014

BRIEF-The Fantastic Company unit Sicara files for insolvency

* Said on Thursday its 100 pct owned subsidiary Sicara Fashion Accessories SAS filed for insolvency after Board of Directors of parent company had decided not to provide any further funding to cover losses

Financials, 24 Oct 2014

GT Advanced shareholders see value in stock despite bankruptcy

Oct 23 - Shareholders of GT Advanced Technologies are lobbying regulators to form a committee to vouch for their interests in the sapphire maker's bankruptcy, believing their shares may still have value.

UPDATE 2-Apple ponders sapphire options, leaves door open for GT

Oct 23 - Apple Inc said on Thursday it is studying options for sapphire supply and might work again with GT Advanced Technologies Inc if the distressed supplier can reduce production costs for the scratch-resistant material.

UPDATE 1-U.S. judge to order asset freeze on Wyly after bankruptcy

(Updates with further details on hearing, background on case, Caroline Wyly's bankruptcy filing details)

U.S. judge orders asset freeze against Texas tycoon Wyly after bankruptcy

NEW YORK, Oct 23 - A U.S. judge said Thursday she would ordered the assets of Texas tycoon Sam Wyly temporarily be frozen after the formerly reported billionaire filed for bankruptcy.

U.S. judge orders asset freeze against Texas tycoon Wyly after bankruptcy

NEW YORK, Oct 23 - A U.S. judge said Thursday she would ordered the assets of Texas tycoon Sam Wyly temporarily be frozen after the formerly reported billionaire filed for bankruptcy.

Apple says to keep evaluating distressed sapphire company GT Advanced

SAN FRANCISCO, Oct 23 - Apple Inc said on Thursday it would keep evaluating its former supplier GT Advanced Technologies' progress on developing sapphire production and also consider other options for its plant in Mesa, Arizona.

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Is U.S. economic patriotism hurting?

Any Americans believing that their country is being bought up by the Chinese might want to think again, according to the Vale Columbia Center on Sustainable International Investment.

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