Chapter 15 of the Bankruptcy Code provides a valuable tool for non-US entities going through foreign insolvency proceedings when they have assets located in the United States. Chapter.
A Delaware bankruptcy judge on Wednesday denied the Pension Benefit Guaranty Corp.'s bid to take a dispute with Yellow Corp. over $7.8 billion in retirement fund withdrawal liability claims to arbitration, finding the dispute would be best resolved through the trucking firm's Chapter 11 claims allowance process.
Kodak's Pension Windfall Points to a $137 Billion Opportunity bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Inside Eastman Kodak Co., the once-iconic camera maker, a small pension investment team reaped such large gains in recent years that they windfalled themselves out of a job.Most Read from BloombergBankman-Fried Is Sentenced to 25 Years in Prison Over FTX CollapseTesla’s $25,000 Car Means Tossing Out the 100-Year-Old Assembly LineDubai Is Losing Its Allure for Wealthy RussiansLondon Insurers Face Baltimore Bridge Payouts Worth BillionsUBS Banker’s Frustration Exposes Cracks in Worl