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Getting Sick Can Be Really Expensive, Even for the Insured
Though people who had insurance were better protected from hospital bills than people who were uninsured, both groups faced a substantial risk that they would lose income, and a substantially increased chance that they would declare bankruptcy after
Updated: 03/21/2018 10:13A

Expats 'considering bankruptcy' in wake of repatriation tax
“I met with one client yesterday who does not have the liquidity to pay the tax and questioned whether he should consider bankruptcy,” he said. In Asia the tax is thought to take in a higher proportion of 'Accidental Americans'. US citizens who are
Updated: 03/21/2018 08:17A

Bankruptcy: Guiding principle should be for lenders to minimise losses in a transparent manner : Uday Kotak
Talking to ETNow, Uday Kotak, Vice Chairman & MD, Kotak Mahindra Bank and Nandan Nilekani, Non-Executive Chairman, Infosys talks about their perspective on the cement company bidding process chaos and the Aadhar verdict respectively. Can you throw
Updated: 03/21/2018 05:42A

Weinstein Co. Ends All Non-Disclosure Agreements, Files for Bankruptcy
U.S. film and TV studio The Weinstein Company, whose ex-Chairman Harvey Weinstein has been accused of sexual harassment and assault, filed for bankruptcy on Monday and said it was ending all non-disclosure agreements that may have silenced some women
Updated: 03/21/2018 01:00A

REVEALED: Long list of creditors owed money from bankrupt Weinstein Company including ex-intern Malia Obama ...
'Even as the company heads into bankruptcy, the company remains committed to doing whatever it can to maximize value for its creditors and... continue its pursuit of justice for any victims,' it said. The company announced a 'stalking-horse' agreement
Updated: 03/21/2018 12:12A

As The Weinstein World Turns, Industry Asks: Who Is Lantern Asset Management?
The trait they have above all others that may prove a good fit for the needs at Weinstein is a knack for executing turnarounds without “Chainsaw Al”-type drama or bloodletting. According to a petition filed in bankruptcy court by Chief Restructuring
Updated: 03/20/2018 11:35P

Toymaker says Toys 'R' Us was misleading about bankruptcy
A Florida toymaker lashed out at Toys “R” Us management on Tuesday, saying the retailer's executives misled it about getting paid just to keep inventory levels high. “It was certainly ethical fraud and disgusting and despicable,” Jay Foreman, chief
Updated: 03/20/2018 10:15P

Panel may favour giving NCLT power to halt resolution
IBC,-insolvency,-bankruptcy-agencies The government last year appointed a 14-member panel headed by corporate affairs secretary Injeti Srinivas to review the IBC to make the resolution process smoother. MUMBAI: The panel reviewing the Insolvency and
Updated: 03/20/2018 09:29P

Panel may favour giving NCLT power to halt resolution
IBC,-insolvency,-bankruptcy-agencies The government last year appointed a 14-member panel headed by corporate affairs secretary Injeti Srinivas to review the IBC to make the resolution process smoother. MUMBAI: The panel reviewing the Insolvency and
Updated: 03/20/2018 09:29P

Weinstein Co says its bankruptcy filing won't protect ex-chairman
The Weinstein Company filed for bankruptcy late Monday after it spent months looking for a buyer or investor. Texas private equity firm Lantern Capital agreed to buy the Company out of bankruptcy for $310 million, setting the floor for other bidders in
Updated: 03/20/2018 07:48P

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