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Detroit on Bankruptcy's Brink Stops Paying Some Debts, Orr Says

2013-06-14 20:13:22| Automakers - Topix.net

Protesters yell after being shut out of a public informational meeting at Wayne State University's Law School in Detroit, on June 10, 2013.

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I-Team: Corporations Have Debts Wiped in NJ

2013-05-05 01:21:36| IT Services - Topix.net

The New Jersey Treasury Department has written off millions of dollars in debts, including fines, penalties and assessments owed by some of the most recognizable and profitable companies in the world.

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Comment - CEDC Pays Price for Past Debts

2013-04-08 21:48:45| Beverages - Topix.net

When Central European Distribution Corporation confirmed yesterday that it is set to f ile for bankruptcy in a US court , it marked a new low for the company whose crippling debts will likely see it become wholly-owned by one of its main competitor, Russian Standard.

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Comment - CEDC Pays Price for Past Debts

2013-04-08 13:50:00| Daily beverage news and comment - from just-drinks.com

When Central European Distribution Corporation confirmed yesterday (7 April) that it is set to file for bankruptcy in a US court, it marked a new low for the company whose crippling debts will likely see it become wholly-owned by one of its main competitor, Russian Standard.

Tags: price comment past pays

 

Chinese solar power firm defaults on debts

2013-03-19 09:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: Suntech, one of the world's biggest solar panel manufacturers, has defaulted on a $541m (358m) bond payment in the latest sign of the financial squeeze on the struggling global solar industry. Suntech Power Holdings' announcement was a severe setback for a company lauded by China's Communist government as a leader of efforts to make the country a centre of the renewable energy industry. Its founder, Shi Zhengrong, became one of the industry's most prominent entrepreneurs and a billionaire, only...

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