Bankruptcy
Topics also related to Bankruptcy Sections:
Borders gift card holders deserve nothing, judge rules
* Tens of millions of dollars of potential claims rejected
UPDATE 2-Fisker fields $20 mln offer from Bob Lutz, Wanxiang -sources
* Lutz, Wanxiang make up one of at least two groups seeking Fisker
UPDATE 1-Bob Lutz, Chinese parts maker offer $20 mln for Fisker -sources
DETROIT, May 22 - China's largest auto parts maker and a boutique car company led by former General Motors Co executive Bob Lutz have offered $20 million to buy "green" carmaker Fisker Automotive, people familiar with the matter said on Wednesday.
BRIEF-Ex-GM exec Bob Lutz, China's Wanxiang offer $20 mln for Fisker Automotive-sources
DETROIT, May 22 - * Former GM exec Bob Lutz, China's Wanxiang Group offer $20 million for Fisker
Elpida seeks U.S. court approval for sale to Micron
May 22 - Japan's Elpida Memory Inc asked U.S. Bankruptcy Court in Delaware on Wednesday to enforce its reorganization plan sale to Micron Technologies Inc, a final step to creating the world's second-largest maker of memory chips.
UPDATE 2-Mexico's Homex says some creditors could seek early payment
MEXICO CITY, May 22 - Creditors of struggling Mexican homebuilder Homex could seek accelerated payment of the company's debt after Homex missed payments on derivative positions, according to a filing on Wednesday.
Video game maker Atari seeks court approval for sale of assets
May 22 - Video game maker Atari Inc is seeking court approval for the sale of all its assets as it works its way out of bankruptcy protection.
Mexico's Homex says "arguably" in default on some debt
MEXICO CITY, May 22 - Failure to meet payments due on derivatives "arguably" constitutes an event of default on debt owed by Mexico's second-largest homebuilder Homex , the company disclosed in a filing on Wednesday.
CORRECTED-Deutsche Bank deepens Tier 2 market, next stop Tier 1
(Corrects third paragraph to state bond is SEC-registered and not 144a, and in the same paragraph that it priced at T+237.5bp, not 262.5bp)
Suntech's local creditors claim $2.5 bln as restructuring starts
WUXI, China/HONG KONG, May 22 - Local creditors of Wuxi Suntech, the bankrupt unit of Chinese solar panel maker Suntech Power Holdings Co Ltd, on Wednesday claimed the subsidiary owed them a combined $2.5 billion, at the start of a debt restructuring process expected to last months.
- M&A: UPDATE 1-Dover to spin off some communication technologies businesses
- IPOs: Belgian postal group bpost to list on Brussels exchange
- Private Capital: BRIEF-KKR gets $300 million real estate investment
- Hedge Funds: Toscafund bullish on UK economy and stock market
- Regulatory News: UPDATE 1-J&J plans filing on more than 10 new drugs by 2017
- Jobless claims data suggests labor market strength
- Factory activity slips to 7-month low in May: Markit
- London attackers British, of Nigerian origin: source
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- ECB seeks new tools while Fed toys with exit
- Taliban claim bomb in southwest Pakistan that kills 13
- Assad foe tells Syrian leader to cede power to officials
- North Korea says willing to take China's advice to start talks
- Kerry meets Israelis, Palestinians in bid to revive talks
- Largest Bulgarian party clears way for new government
- IMF's Lagarde in court for French arbitration case
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