India Turns a Bad-Loan Tragedy Into a Bankruptcy Farce: Gadfly

The risky punchline to the central bank’s latest policy flip-flop would be a return to a tycoon-friendly debtor regime......»»

One post was seen comparing China's module launch of its first space station with.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

At India's Bowenpally market, unsold vegetables get turned into energy tha.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

The owners have operated the 87-room hotel and buffet-style restaurant on Old Gick Road in Wilton for two decades. They defaulted on a loan several years ago and had been working out a repayment plan when the Covid-19 pandemic hit......»»

Steak 'n Shake.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

As part of the discussions, J.C. Penney would be able to draw $225 million of its bankruptcy loan on day one, and then have to hit certain milestones in order to obtain the second half of the loan......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Sources tell Reuters an investor group will push U.S. department store operator Neiman Marcus to sell itself instead of getting a loan for its looming bankruptcy. Gloria Tso reports......»»

An investor group plans to challenge a financing package that luxury retailer Neiman Marcus has lined up for its looming bankruptcy, and will push the Dallas-based company to sell itself, according to a Reuters report on Sunday. The report said t.....»»

The company is preparing to seek bankruptcy protection in a Dallas federal court as soon as Monday.....»»

An investor group that comprises investment firm Mudrick Capital Management LP and Daniel Loeb's h.....»»

German airline Lufthansa is seeking a loan of 290 million euros ($313.08 million) loan from the Belgian government to avoid the bankruptcy of its Belgian subsidiary Brussels Airlines, Belgian broadcaster LN24 said on Friday......»»

J.C. Penney Company Inc. (NYSE: JCP) is negotiating bankruptcy financing with banks for a debtor-in-possession loan to secure liquidity for operations during bankruptcy. read more.....»»

J.C. Penney Co. Inc. is in advanced talks for bankruptcy funding, and is seeking a loan package of $800 million to $1 billion, the Wall Street Journal reported Thursday night. The.....»»

SKW Funding has closed on $30 million in financing to support the acquisition of an existing loan and related bankruptcy court approved “debtor in possession” (DIP) loan for a building located on Manhattan’s Upper East Side. The financi.....»»

Asian Oil Trading Legend Files For Bankruptcy After Hiding $800 Million In Losses, Secretly Selling Loan Collateral Last weekend we reported that one of Singapore's biggest and most iconic .....»»