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Ivanhoe Energy declares bankruptcy as restructuring talks with creditors fail

2015-06-03 02:21:01| Oil & Gas - Topix.net

The company had been working with Ernst & Young to reach a viable restructuring proposal and had already extended the deadline for filing a proposal by a month. The Vancouver-based heavy oil company has projects in Ecuador and Mongolia and was working to develop a proprietary upgrading process for heavy oil.

Tags: energy fail talks bankruptcy

 

Creditors to sell Kumho Industrial to Ku...

2015-05-18 18:40:59| Industrial Machines - Topix.net

Creditors of South Korean construction firm Kumho Industrial Co. have decided to sell their stake in the company to the chief of Kumho Asiana Group after a recent sales bid fell through due to differences over a price, the lead manager for the sale said Monday.

Tags: to sell industrial creditors

 
 

Greece's creditors mull new reforms

2015-03-29 12:08:46| BBC News | Business | UK Edition

Greece's creditors are studying new reform plans put forward by Prime Minister Alexis Tsipras' government in a bid to secure further bailout funds.

Tags: reforms creditors mull greeces

 

NII Holdings, creditors reach revised restructuring deal

2015-03-09 01:00:00| Total Telecom industry news

LatAm-focused telco to get $350 million to fund company until it completes Nextel Mexico sale.

Tags: deal reach revised holdings

 

Ivanhoe Energy seeks court protection from creditors, stock trading suspended

2015-02-20 20:08:53| Energy - Topix.net

Ivanhoe Energy Inc. stock has been suspended as the company works to renegotiate its debt obligations and sell assets under the Bankruptcy and Insolvency Act. The company, which has been focused on developing and using a proprietary upgrading process for heavy oil, said Friday that it's seeking a 30-day court order to protect it from creditors.

Tags: stock protection energy court

 

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