chapter 11 bankruptcy Archives

Quick Decision-Making and Government Support Key to Helping Troubled Enterprises

SEOUL, May 26 (Korea Bizwire) – Amid the ongoing restructuring of the Korean shipbuilding industry, stories of insolvent global enterprises that have managed to resuscitate themselves have attracted attention. Quick decision-making and bold government support are believed to be the key factors for their revival. GM is one of the companies that succeeded in resuscitating itself, [...]

Life Partners Holdings Announces Deadlines for Filing Proofs of Claim

WACO, Texas, Jul. 14 (Korea Bizwire) — Life Partners Holdings Inc. (NASDAQ:LPHI), or the “Company,” announced today that on July 2, 2015 the U.S. Bankruptcy Court entered an order, known as the “Bar Date Order,” establishing certain deadlines for the filing of proofs of claim in the Company’s chapter 11 case. Claims referenced herein are [...]