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Bankruptcy

‘TMC leading Bengal into financial mess’


Chief Minister Mamata Banerjee had often charged the Left Front government with leading the state t...
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Italy’s Mario Monti wins confidence vote

Italy’s Mario Monti wins confidence vote


Italy`s new premier appealed to Italians to accept sacrifices to save their country from bankruptc...
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Political bankruptcy of CPI(M) is exposed: Mamata

Political bankruptcy of CPI(M) is exposed: Mamata


Trinamool Congress chief Mamata Banerjee on Wednesday said that a "politically bankrupt" CPI(M) was...
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Duchess of York ‘faces bankruptcy’

Duchess of York ‘faces bankruptcy’


The Duchess of York’s debts have risen to almost 5 million pounds, and her only option may be the fi...
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Bankrupt JAL scrambles to reassure passengers

Bankrupt JAL scrambles to reassure passengers


Japan Airlines sought to reassure the travelling public on Wednesday that it will keep flying despit...
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JAL files for bankruptcy with $25 bn total debt

JAL files for bankruptcy with $25 bn total debt


JAL,said on Tuesday it had filed for bankruptcy with 2.3 trillion yen ($25.4 billion) in debt as of ...
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Restructuring looms as clock ticks on JAL bankruptcy

Restructuring looms as clock ticks on JAL bankruptcy


Japan Airlines Corp is set to file for one of the country`s largest ever bankruptcies on Tuesday, ma...
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Japan Airlines shares dive 81% on bankruptcy fears

Japan Airlines shares dive 81% on bankruptcy fears


Japan Airlines shares dived 81 percent Wednesday to just eight US cents as investors rushed for the ...
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JAL lenders to cave in to bankruptcy plan: sources

JAL lenders to cave in to bankruptcy plan: sources


The main lenders to Japan Airlines plan to accept a restructuring package that would require the car...
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Japan Airlines shares dive on bankruptcy fears

Japan Airlines shares dive on bankruptcy fears


Fears deepened Wednesday about the future of debt-ridden Japan Airlines, with shares in Asia`s bigge...
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Real estate firm Fairfield files for bankruptcy

Real estate firm Fairfield files for bankruptcy


Privately-held real estate company Fairfield Residential LLC filed for bankruptcy protection on Sund...
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CIT files for Chapter 11 bankruptcy protection

CIT files for Chapter 11 bankruptcy protection


After struggling to avert bankruptcy, lender CIT Group has filed for Chapter 11 protection in an att...
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Russian car giant on verge of bankruptcy: Ministry

Russian car giant on verge of bankruptcy: Ministry


Russia`s largest carmaker Avtovaz is on the verge of bankruptcy and needs to cut almost 50,000 jobs ...
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CIT eyes bankruptcy if debt exchange plan fails

CIT eyes bankruptcy if debt exchange plan fails


Ailing lending giant CIT Group warned Friday it might file for bankruptcy if it failed to launch a c...
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Reader`s Digest files for bankruptcy protection

Reader`s Digest files for bankruptcy protection


The publisher of the world`s largest-circulated magazine Reader`s Digest, sold across dozens of co...
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CIT Group board OKs $3 billion rescue loan: Report

CIT Group board OKs $3 billion rescue loan: Report


CIT Group Inc`s board approved a deal late Sunday with major bondholders to keep the company out of ...
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