363Sales

Banks sell bad debt at fire sale prices; it isn't good news for Modi - International Business Times, India

01/27/19

Banks sell bad debt at fire sale prices; it isn't good news for Modi  International Business Times, India

When India introduced new bankruptcy resolution rules in 2016, government officials and investors said they expected debt-burdened state-owned banks to ...

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RPT-Three years later, India's bankruptcy reform languishes in courts - Reuters

01/27/19

RPT-Three years later, India's bankruptcy reform languishes in courts  Reuters

When India introduced new bankruptcy resolution rules in 2016, government officials and investors said they expected debt-burdened state-owned banks to ...

[more]

U.S. Pension Insurer Slams Lampert Bid for Sears - The Wall Street Journal

01/27/19

U.S. Pension Insurer Slams Lampert Bid for Sears  The Wall Street Journal

The planned sale of Sears Holdings Corp. to its chairman, Edward Lampert, is under fire from the U.S. government's pension insurer over a $1.7 billion funding ...

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Potential white knight waiting in the wings as private sector bond defaulter struggles to restructure debt - South China Morning Post

01/27/19

Potential white knight waiting in the wings as private sector bond defaulter struggles to restructure debt  South China Morning Post

China Singyes Solar Technologies Holdings, whose shares fell as much as 72 per cent in Hong Kong last week after a three-month trading suspension, is in ...

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Cantor, SC Lowy Eye India Soured Loans Amid Insolvency Delay - Bloomberg

01/27/19

Cantor, SC Lowy Eye India Soured Loans Amid Insolvency Delay  Bloomberg

Many global funds have pushed for India to resolve its bankruptcy cases faster, but some investors are finding opportunities in the delays.

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Cantor, SC Lowy Eye India's Soured Loans Amid Insolvency Delays - Bloomberg

01/27/19

Cantor, SC Lowy Eye India's Soured Loans Amid Insolvency Delays  Bloomberg

Many global funds have pushed for India to resolve its bankruptcy cases faster, but some investors are finding opportunities in the delays.

[more]

FERC Claims Authority over PG&E Contracts in Bankruptcy - RTO Insider

01/27/19

FERC Claims Authority over PG&E Contracts in Bankruptcy  RTO Insider

By Hudson Sangree. FERC on Friday said it shares authority with the federal bankruptcy court over any power purchase agreements Pacific Gas and Electric ...

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Sears Holdings Only Got a Reprieve, Not a Pardon - The Motley Fool

01/27/19

Sears Holdings Only Got a Reprieve, Not a Pardon  The Motley Fool

With Eddie Lampert prevailing at Sears Holdings' (NASDAQOTH:SHLDQ) recent bankruptcy court auction, the troubled retailer won another stay of execution.

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As over half cases go beyond IBC deadline, SBI loan auction move raises fresh questions - The Indian Express

01/27/19

As over half cases go beyond IBC deadline, SBI loan auction move raises fresh questions  The Indian Express

While SBI did not state the reasons for its planned loan sale through e-auction outside the IBC driven recovery, sources says delays in resolution under the ...

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