Capital Product Partners LP agrees to lower bareboat charter costs to lease to Overseas Shipholding.
Tags: Bankruptcy
Surabaya Agung's Share Trading Suspended in Indonesia Bourse
Because of a claim from a Singaporean creditor, share trading of Surabaya Agung was suspended in the Indonesian bourse.
Yankee Stadium Parking Operator in Hot Water
The Bronx Parking Development Corp skipped payment of interest to its bondholders and is now contemplating bankruptcy protection.
Spain Improves Bond Sale as Cypriot Turmoil Continues
Investors in Spain have been focusing on bond sale, saying that they are not worried over the turmoil in Cyprus.
Affymax Continues Tumble
Affymax's drug recall Ormontys caused decline of the company. Pharmaceutical firm Affymax continued its decline after it fired nearly three fourths of its labor complement and is now in the process of opting for a sale or declaration of bankruptcy.
Latest News
Dewey and LeBoeuf bankruptcy plan approved. A federal bankruptcy court ordered the approval of the liquidation plan for Dewey and LeBoeuf. This is a milestone for the closure of the collapsed law firm to pave the way for creditors to recover their losses.
Flower Foods frontrunner in bid for Wonder Bread. The No. 2 baking company in the US just got bigger as Flower Foods Inc is in the midst of acquiring Wonder Bread.
Tribune Puts Up Assets for Sale The Tribune Corp has engaged the services of two of the top investment banks to assess sales opportunities for its newspaper unit.
CEDC on the brink of bankruptcy amidst debt payment concerns. The Central European Distribution Corp, the Polish vodka maker, has seen its share price value fall by as much as 58% in the NYSE because of concerns as to its ability to repay debts that would fall due next month.
