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Hanjin Shipping to proceed with voluntary debt restructuring

2016-05-04 01:00:00| Ship Technology

Hanjin Shipping, a South Korean container operator, has secured approval from its creditor banks to go ahead with a voluntary restructuring, after it filed application for debt restructuring last week.

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Yellen: Fed should 'proceed cautiously'

2016-03-29 18:44:42| BBC News | Business | UK Edition

US Federal Reserve chair Janet Yellen has said global risks mean that the Fed should "proceed cautiously" before raising interest rates.

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Mother of Nebraska boy killed by train can proceed with suit

2015-12-18 19:15:55| Railroads - Topix.net

A woman whose 13-year-old son was struck and killed by a train can proceed with her lawsuit against Union Pacific Corp., the Nebraska Supreme Court ruled Friday. The 3-2 decision overturns a district court judge's decision to throw out the case.

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Supreme Court rules that class-action lawsuit against CIBC can proceed to trial

2015-12-04 23:09:35| Grocery - Topix.net

The Supreme Court of Canada has dismissed an appeal by CIBC, allowing a class-action lawsuit brought by shareholders against the bank to proceed to trial. "The bank now has to face the music, and we can move forward with this case on the merits," said Joel Rochon, the lawyer representing the shareholders.

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Canada says oil pipeline reviews proceed despite process revision

2015-11-18 19:50:06| Oil & Gas - Topix.net

Canada's environmental review of existing applications for crude oil pipeline projects is continuing despite the new Liberal government's plans to make the assessment process more robust, Natural Resources Minister Jim Carr said on Wednesday. "There will be a transition as we amend the ways in which the National Energy Board goes about the process of evaluating these projects, and we will announce those changes as soon as we can, but the process continues."

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