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Tag: bankruptcy

WeWork to file for bankruptcy next week

WeWork to file for bankruptcy next week WeWork to file for bankruptcy next week

Shares of the coworking company have plummeted and it would file for Chapter 11 of the United States bankruptcy law, according to The Wall Street Journal. Join the La República WhatsApp channel GO 🇻🇪 Price of the dollar today in Peru: what is the exchange rate for this Wednesday, November 1? Bonus of S/600 to […]

TV Azteca creditors seek bankruptcy

TV Azteca creditors seek bankruptcy TV Azteca creditors seek bankruptcy

Three creditors of TV Azteca SAB filed a petition before a court in New York (USA) so that the Mexican television station declare bankruptcyafter you have failed to pay them the $63 million he owes them. In accordance with BloombergAztec defaulted on US$400 million bond payments in 2021 and since then they entered into a […]

Credit Suisse could sell stake in Brazilian fund Verde

Credit Suisse could sell stake in Brazilian fund Verde Credit Suisse could sell stake in Brazilian fund Verde

The Brazilian unit of Credit Suisse Group AG is in talks to sell a stake in Verde Asset Management, along with some of the partners in the hedge fund. Lumina Capital, an alternative asset management company, is negotiating to buy the stakes, according to a joint statement from the three companies. Talks are ongoing and […]

Credit Suisse bank scandals in recent years

Credit Suisse bank scandals in recent years Credit Suisse bank scandals in recent years

The actions of Credit Suisseimmersed in a deep restructuring, continued to collapse on Wednesday after a series of scandals in the last years of the financial entityconsidered the “weak link” of the Swiss banking sector. Greensill bankruptcy The bank saw its asset management arm reel from the 2021 bankruptcy of British financial firm Greensill, to […]

Latam presents US $ 8,190 million reorganization plan to emerge from bankruptcy

Latam presents US $ 8,190 million reorganization plan to emerge from bankruptcy

Latam Airlines Group SA presented a reorganization plan to achieve Get out of Chapter 11 of the US Bankruptcy Law. In addition, it has reached an agreement with interested parties so that it can reduce its debt and get out of bankruptcy under new owners. The injection of US $ 8,190 million to the group, […]

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