Tag - bankruptcy

 
 

BANKRUPTCY

Japan Times
CULTURE / Entertainment news
Feb 27, 2018
The Weinstein Company looks to file for bankruptcy, putting any sexual abuse redress in doubt
The Weinstein Company said late on Sunday that the U.S. film studio, whose ex-chairman, Harvey Weinstein, has been accused of sexual harassment and assault, planned to file for bankruptcy in the coming days after talks to sell itself collapsed.
Japan Times
BUSINESS
Feb 14, 2018
13 automakers to provide up to $130 million for Takata's U.S. settlement
A group of 13 automakers will contribute as much as $130 million to compensate those injured by faulty Takata Corp. air bag inflators as part of a deal to resolve the Japanese company's bankruptcy, a U.S. plaintiffs' attorney said.
BUSINESS
Dec 19, 2017
GM urges judge to throw out disputed $1 billion ignition switch deal with car owners
Lawyers for General Motors on Monday urged a federal bankruptcy judge in Manhattan to throw out a settlement that would require the company to pay $1 billion to car owners suing over faulty ignition switches.
Japan Times
BUSINESS
Oct 3, 2017
Flying since 1968, U.K.'s Monarch Airlines goes bust, marooning over 100,000 tourists
Britain's Monarch Airlines collapsed on Monday, causing the cancellation of hundreds of thousands of holidays, after falling victim to intense competition for flights and a weaker pound.
Japan Times
WORLD / Politics
Sep 27, 2017
Trump boasts his team doing 'really good job' but hurricane-hit Puerto Rico begs to differ, feels slighted
President Donald Trump said on Tuesday his administration was doing a "really good job" helping Puerto Rico recover from the devastation of Hurricane Maria despite complaints that federal aid has been too slow to reach the U.S. territory.
Japan Times
BUSINESS
Aug 16, 2017
Lufthansa seen circling as Air Berlin files for protection after Etihad pulls support
Air Berlin, Germany's second-largest airline, filed for bankruptcy protection on Tuesday after key shareholder Etihad Airways withdrew funding following years of losses, leaving valuable runway slots up for grabs.
Japan Times
BUSINESS / Companies
Jun 26, 2017
After global air bag recall, Takata files for bankruptcy in Japan and U.S.
Air bag maker Takata Corp., facing an estimated u00a51.7 trillion in liabilities, looks to restructure under the sponsorship of a U.S.-based and Chinese-owned company.
Japan Times
BUSINESS / Companies
Jun 25, 2017
Takata bankruptcy filing might put auto industry's biggest recall at risk
The expected bankruptcy of troubled air bag maker Takata Corp. isn't just a crisis for its employees and suppliers — it also throws a wild card into one of the most complicated recalls in automotive history.
Japan Times
BUSINESS / YEN FOR LIVING
Apr 22, 2017
Tellmeclub's bankruptcy grounds discount travel services
On March 27, discount travel company Tellmeclub filed for bankruptcy while a number of its Japanese customers were still overseas on package tours.
Japan Times
BUSINESS / Companies
Mar 27, 2017
Discount travel agency Tellmeclub files for bankruptcy
Tokyo-based travel agency Tellmeclub filed for bankruptcy with the Tokyo District Court on Monday with liabilities estimated at ¥15.1 billion, including ¥9.9 billion relating to 36,000 travel contracts.
Japan Times
BUSINESS / YEN FOR LIVING
Feb 25, 2017
Popularity of card loans add to financial woes
Supreme Court records show that there were 64,637 filings for personal bankruptcy in 2016, an increase of 781 cases over 2015, thus marking the first increase in 13 years.
BUSINESS / Companies
Oct 11, 2016
Takata considers bankruptcy for U.S. unit
Takata Corp. is considering bankruptcy protection for its U.S. unit, among other options, a person with knowledge of the matter said.

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