Archives for July, 2009


Debt woes force more into bankruptcy
Independent
Next week's figures from the Government's Insolvency Service will include debt-relief orders (DROs) – a new halfway stage to bankruptcy – for the first time ...


Boston Globe

GM Said to Back RHJ Offer or Bankruptcy for Opel Over Magna Bid
Bloomberg
They said the officials favor a bid from investor RHJ International SA or pushing Opel into insolvency. “I'm surprised at that,” said David Cole, ...
Opel could be pushed into bankruptcy, report saysAutomotive News
REPORT: Opel, waiting on GM and the German government, heading ...Autoblog

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GM Said to Favor RHJ Offer for Opel or Bankruptcy Over Magna
Bloomberg
The officials favor either RHJ International SA as the winner or pushing Opel into insolvency, they said. GM negotiators are fighting Magna's bid because ...

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Default Increase Curbs Bankruptcy Lending as Recoveries Dwindle
Bloomberg
The DIP market may also be tested by New York-based CIT Group Inc., which received a $3 billion loan this month to stave off insolvency. ...

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New law, new ways of doing business
News On Sunday
... alternatives to bankruptcy, top priority to workers in distribution of assets in liquidation, insolvency as last recourse.... these are some of the new ...


Your creditors may negotiate, but beware of drawbacks
Chicago Tribune
The IRS requires that canceled debt greater than $600 be reported as income unless the taxpayer can claim an insolvency exemption, meaning that your ...

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Storing bullion internationally
Resource Investor
This eliminates counter party and intermediation risk posed by business failure and company insolvency. Owning bullion in this way gives you the soundest ...

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Liberia: Political Bankruptcy of Counselor Varney Sherman
TheLiberianTimes.com
Could he be financially insolvent? Counselor Sherman is via by tribe, hailing from Grand Cape mount County, Liberia. He is an astute academician with an ...

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COLUMN: Filing bankruptcy — what about my credit score?
Destin Log
There is no question that a bankruptcy will impact a person's ability to get credit. But by the time a person is in a position of insolvency, their credit ...

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Three Good Reasons To Liquidate Our Empire
Alarab online
is not seriously contemplating its own bankruptcy. It is instead ignoring the meaning of its precipitate economic decline and flirting with insolvency.

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