TITLE

Insolvency Changes Attract US Players

AUTHOR(S)
O'Connor, Colleen Marie
PUB. DATE
November 2004
SOURCE
High Yield Report;11/15/2004, Vol. 15 Issue 44, p2
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Reports on the bankruptcy claims filed by Parmalat Finanziara SpA in Italy. Significance of the insolvency process on recovery of the company; Implications of the changes in insolvency laws in European countries on investors; Benefits of the volatility in price movement for capitalists and investors.
ACCESSION #
15079426

 

Related Articles

  • Foreign Creditors Upset Over Parmalat Outcome. O'Connor, Collen Marie // High Yield Report;6/13/2005, Vol. 16 Issue 23, p3 

    Reports on the concerns of foreign creditors about the potential recovery of their investments in the bankrupt dairy company, Parmalat Finanziaria SpA. Belief of foreign creditors about the advantage afforded to Italian creditors in the negotiations; Position of hedge funds in asset recovery;...

  • Deepening Insolvency in Canada? Girgis, Jassmine // McGill Law Journal;Spring2008, Vol. 53 Issue 1, p167 

    The article discusses the implications of following the deepening insolvency doctrine in Canada. It presents the decision in Peoples Department Stores Inc. v. Wise with regard to the liability of corporate directors. The author concludes that the doctrine is not necessary for Canadian business...

  • TENDENCIES OF BANKRUPTCY PROCEEDINGS DEVELOPMENT. Schischmareva, Tatjana // Teise / Law;2007, Vol. 65 Issue 1, p165 

    The article analyses the regulation of bankruptcy proceedings in Russian Federation. It is stated that there are three laws which are devoted to regulate separate stages of the bankruptcy proceedings and the rights of debtors since 1992. In details, the modern Russian civil legislation since...

  • Heslop files for Chapter 11. Snavely, Brent // Crain's Detroit Business;2/14/2005, Vol. 21 Issue 7, p7 

    This article informs that a 10 percent drop in gross margins between 1999 and 2004 led Novi-based Heslop Inc. to file for Chapter 11 bankruptcy February 7, 2005, in U.S. Bankruptcy Court in Detroit. Heslop, a 30-year-old retailer known for its bridal registry, closed eight stores in late January...

  • Abuse or Protection? White, Michelle J. // Regulation;Fall2006, Vol. 29 Issue 3, p28 

    The article presents information on the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) in the U.S. Bankruptcy balances the contrasting objectives of helping debtors in financial problem and promoting credit availability by protecting creditors. The U.S. bankruptcy...

  • Parmalat plan.  // Dairy Industries International;Jun2004, Vol. 69 Issue 6, p7 

    Reports that troubled and insolvent dairy company Parmalat SpA has announced guidelines for a corporate restructuring plan. Process of paying the company's creditors; Submission of the plan to Italy's minister for industry.

  • Parmalat Meltdown Reaches U.S.  // Dairy Foods;Mar2004, Vol. 105 Issue 3, p11 

    Reports that Parmalat USA Corp., a unit of the troubled Italian dairy company Parmalat Finanziaria SpA, has filed for bankruptcy-court protection from creditors. Arrest of the son and daughter of Parmalat's founder for alleged siphoning of more than $900 million from the global dairy giant...

  • State Law Preference Actions: A Thing Of The Past? Nathan, Bruce S.; Cargill, Scott // Business Credit;Mar2005, Vol. 107 Issue 3, p66 

    Discusses the case Sherwood Partners v. Lycos Inc. and its implications on state law preference actions in the U.S. Overview of an assignment for benefit of creditors (ABC) statutes; Facts of the case; Opinion of the court under the California ABC statute; Adverse consequences of the decision on...

  • Administration -- suspension of rights. Keenan, Denis // Accountancy;May90, Vol. 105 Issue 1161, p43 

    This article presents an example of the application of s 11 of the British Insolvency Act 1986 in terms of maintaining a general moratorium over a company's affairs in connection with an administration, reference to the case of Paramount Airways Ltd. Paramount Airways operated a charter airline...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics