Creditor banks of Hynix Semiconductor Inc. who joined in the $2.3 billion debt-to-equity swap plan last year will be able to gain 78% to 80% equity control of the firm on June 1, a Hynix spokeswoman ...
(CNN) — A group of angry creditors will face-off against Rudy Giuliani in bankruptcy court on Wednesday, where they have asked a judge to put his finances under the control of an independent trustee ...
MANHASSET, N.Y. &#151 Memory supplier Hynix Semiconductor Inc. received creditor approval Thursday (April 21) for a $1.5 billion debt refinancing plan that will allow management to regain control of ...
KKR & Co.’s Envision Healthcare Corp. is exploring a chapter 11 bankruptcy that would give control of the physician-staffing company to its creditors, according to people familiar with the matter.
HONG KONG, Feb 22 (Reuters) - Creditors of debt-laden fashion conglomerate Shandong Ruyi Technology Group will seek control of Lycra after Ruyi defaulted on a $400 million loan it took from them to ...
(Bloomberg)—Guitar Center Inc., the largest musical instrument retailer in the U.S., is considering options including bankruptcy to manage its debt load after it skipped bond interest payments this ...
ASHLAND, Ky. (AP) -- AEI Resources Holding Inc., the country's fourth-largest coal producer, will give control of the company to its largest creditors and file a bankruptcy reorganization plan that ...