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July 16, 2024
 

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BANKRUPTCY

BUSINESS / Companies
Jul 14, 2015
U.S. carrier Delta in talks to support bankrupt Skymark
Delta may take part in a restructuring plan proposed by Intrepid Aviation Ltd., Skymark's biggest creditor, in a deal that would change the dynamics of Japan's closed domestic airline market.
BUSINESS / Companies
Jun 5, 2015
Major Skymark creditor approaches Delta over rehabilitation
Intrepid Aviation, the largest creditor of Skymark Airlines Inc., has approached Delta Air Lines Inc. about cooperating on rehabilitating the bankrupt Japanese carrier, a Delta source said Friday.
BUSINESS / Companies
May 26, 2015
Skymark's biggest creditor rejects ANA taking part in restructuring
Skymark Airlines Inc.'s biggest creditor plans to reject the failed carrier's plan to have ANA Holdings Inc. take part in its restructuring, according to a source familiar with the matter.
BUSINESS / Companies
Apr 22, 2015
Skymark bosses to go under bail-out plan
Skymark President Masakazu Arimori and Chairman Takashi Ide will step down after the carrier's rehabilitation plan is approved by a court and debtors.
JAPAN
Mar 6, 2015
Arts book publisher Bijutsu Shuppan-sha files for court protection
Bijutsu Shuppan-sha Co., a publisher of art books and magazines, including the widely acclaimed Bijutsu Techo magazine, has filed for court protection from creditors after being in business for more than a century.
BUSINESS / Companies
Feb 23, 2015
ANA Holdings to help Skymark recover from bankruptcy
ANA Holdings Inc., parent of All Nippon Airways Co., said Monday it has notified bankrupt Skymark Airlines Inc. of its plan to take part in the struggling airline's restructuring.
Japan Times
BUSINESS / Companies
Feb 17, 2015
Orix mulls aiding bankrupt Skymark Airlines
Leasing firm Orix Corp. may invest in bankrupt Skymark Airlines Inc. as the carrier restructures, sources close to the matter said on Tuesday.
Japan Times
BUSINESS / Companies / ANALYSIS
Feb 12, 2015
Skymark's $612 million airport slots represents a lifeline from bankruptcy
Skymark Airlines Inc. may have filed for bankruptcy and seen its passenger numbers dwindle. It still holds an asset worth about $612 million in annual revenue that offers a path out of bankruptcy.
BUSINESS / Companies
Feb 6, 2015
Skymark wins Integral's support after bankruptcy filing
Skymark Airlines Inc., the budget carrier that filed for bankruptcy last week, won a pledge from private-equity fund Integral Corp. for ¥9 billion to support it through the restructuring process.
BUSINESS / Companies
Jan 29, 2015
Bankrupt Skymark begins search for sponsors
Skymark Airlines will try to find sponsors to stay afloat as it restructures but might drop unprofitable routes, new Skymark President Masakazu Arimori says.
BUSINESS / Companies
Jan 28, 2015
Skymark to file for protection from creditors
Struggling Skymark Airlines Inc. will file for protection from creditors at the Tokyo District Court, sources familiar with the matter said on Wednesday.
BUSINESS / Companies
Nov 26, 2014
Bitcoin exchange Kraken to help in Mt. Gox bankruptcy
U.S. bitcoin exchange operator Payward Inc said on Wednesday it will work on retrieving some millions of dollars lost by Tokyo-based Mt. Gox, once the world's largest bitcoin exchange before it collapsed in bankruptcy this year.
BUSINESS
Jun 18, 2014
Mt. Gox gets bankruptcy OK
Mt. Gox Co., once the world's largest bitcoin exchange, won approval of its U.S. bankruptcy filing, giving a boost to the Japanese investigation into the disappearance of 650,000 units of the digital currency.
Japan Times
BUSINESS / Companies
Apr 8, 2014
U.S. court can't reach Mt. Gox's Karpeles: lawyer
Mt. Gox Co. principal Mark Karpeles is beyond the reach of a U.S. court where he and the bankrupt bitcoin exchange are being sued for consumer fraud by two American depositors, his attorney told a federal judge.
BUSINESS / Companies
Nov 28, 2013
Jeans maker Edwin files for rehab
Jeans maker Edwin Co. has filed for an out-of-court procedure to rehabilitate its business through a private-sector intermediary, a credit research agency and lawyers said Wednesday.
Japan Times
JAPAN / NATIONAL SPOTLIGHT
Oct 20, 2013
Whether Tepco fails or not, it's taxpayers' tab
The final tab from the meltdowns at Tepco's Fukushima No. 1 plant will be huge, and the public will end up paying it, either through taxes or utility bills.
Japan Times
JAPAN / NATIONAL SPOTLIGHT
Oct 20, 2013
JAL rehab a lesson for possible Tepco failure?
Since the start of the Fukushima No. 1 nuclear plant crisis, debate has raged over whether the government should have Tokyo Electric Power Co. go bankrupt.
JAPAN
Oct 17, 2013
Government disinclined to prod Tepco into bankruptcy: Abe
The government will not force Tokyo Electric Power Co. into bankruptcy despite the massive costs it faces because of the Fukushima No. 1 nuclear plant meltdown disaster, Prime Minister Shinzo Abe indicated Thursday.
COMMENTARY / World
Jul 31, 2013
Like other U.S. cities, Detroit must reinvent itself
If nothing else, Detroit's bankruptcy marks the symbolic closure of an era when heavy industry dominated the American economy and the U.S. dominated the world.
WORLD
Jul 26, 2013
Still rich in other ways
To me, Detroit has always seemed rich. My home town is a city that brims with history. It was the laboratory where Henry Ford would assemble his greatest creation, the automobile, and the city that would forever change how the world got around. We were the arsenal of democracy during the Second World...
Bloodied Trump survives assassination attempt at political rally
Former U.S. President Donald Trump is surrounded and evacuated by Secret Service agents at a campaign rally in Butler, Pennsylvania, on Saturday. Trump was rushed off stage at the rally after shots rang out.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
The neurological disorder that 'kills culture'
Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
Amid same-sex marriage ban, LGBTQ couples opt for 'photo weddings'
A lesbian couple, consisting of a 35-year-old woman (left) and 40-year-old woman, cover their faces with bouquets as they pose for wedding photos in Yokohama on Nov. 1.
China and Russia conduct joint Pacific military patrol
The Russian corvette Gromkiy enters the Chinese port of Zhanjiang as part of a joint China-Russia naval exercise on Saturday.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
After Trump shooting, U.S. presidential race might take a violent turn
United States Secret Service Counter Snipers stand guard on a rooftop during a campaign rally for U.S. President Donald Trump in Avoca, Pennsylvania, in 2020.
No AC this summer? No problem (for me).
Think air conditioning is a requirement for a Tokyo summer? Think again.
She’s paying ¥1 million to help behind the scenes at the Paris Olympics
Mai Tarumi, who previously volunteered at the postponed Tokyo Olympics in 2021, has a travel budget of ¥1 million for her trip to volunteer at the Paris Games.
How to tweak your diet when temperatures spike
Most people think of hydration as a strictly liquid-based concept, but eating foods with high water content is an essential part of making it through a Japanese summer unscathed.

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Longform

Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
The neurological disorder that 'kills culture'
By Tomoko Otake

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